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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
Nuclear Fusion Power Plant Planned for Japan
LCG, Dec. 26, 2000The Japanese Atomic Energy Commission said this morning that an experimental nuclear fusion power plant developed jointly with western European countries and Russia would be built in Japan, according to Kyodo News Service.Nuclear power plants such as those in the United States operate on the principle of atomic fission, in which atoms of uranium are split when bombarded with neutrons. The chain reaction creates heat which, in turn, is used to make steam to spin turbines which drive electric generators.Nuclear fusion is, on the other hand, the combining of atoms and reactions are called thermonuclear because they take place in the presence of great heat. Scientists believe that the sun creates energy by fusing light elements such as hydrogen with heavier ones, releasing energy and visible light.Japan is to become the land of the rising sun.The installation of the International Thermonuclear Experimental Reactor is likely to draw protests in Japan, although Kyodo noted that three communities, Tomakomai in Hokkaido, Rokkasho in Aomori Prefecture and Naka in Ibaraki Prefecture have already declared themselves willing to host the project.
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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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