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News
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LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.
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LCG, September 24, 2025--Electric Reliability Council of Texas Inc. (ERCOT) yesterday announced its new initiative to increase its efforts to fully use and apply innovation and transformation through industry collaboration to best overcome the challenges and opportunities facing future grid operations. The new Grid Research, Innovation, and Transformation (GRIT) initiative will advance research and prototyping of emerging concepts and solutions to better understand the implications of rapid grid and technology evolution and position ERCOT to lead in the future energy landscape.
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Industry News
Iberdrola Agrees to Takeover by Endesa
LCG, Oct. 18, 2000--Iberdola, Spain's second largest electric utility, and Endesa, its first, announced yesterday that they had agreed to an $11.6 billion "friendly merger" that will create one of Europe's largest power companies.Because the new company, to be called Endesa Iberdola, would control about 80 percent of Spanish electric generation, significant divestitures will be made to satisfy regulators. The companies said that about 15,000 megawatts of generation will be sold off, along with distribution assets serving the equivalent of 4 million customers."These disposals will contribute to a wider opening of the Spanish generation market by introducing three new operators in the market who will develop an important presence in the supply of electricity," the companies said in a joint statement.The agreement scotches an unwelcome attempt by GasNatural, Spain's privatized natural gas monopoly, to take over Iberdola.Joint chairmen of the new company will be Endesa's Rodolfo Martin Villa and Iberdrola's Inigo de Oriol e Ybarra. The chief executive of the new company would be Endesa's Rafael Miranda Robredo. The board will have 30 members, 18 to be named by Endesa and 12 by Iberdola.The combination will also create the largest Latin American electric utility presence by a foreign firm, with approximately 12 percent of the market.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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