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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
SoCal Edison Wants 30 Percent Rate Hike
LCG, Dec. 27, 2000Southern California Edison Co. is asking California regulators to approve a 30 percent increase in retail electricity rates, according to a Securities and Exchange Commission filing by parent holding company Edison International Inc. The increase would be effective January 4.In a filing made yesterday, Edison International said SoCal Edison is asking that low-income customers pay only 10 percent more than their current rates. The company said it was doing its part by eliminating for at least the fourth quarter the dividend paid to shareholders and by planning cutbacks in spending of $100 million.The California Public Utilities Commission is meeting today to determine how much to allow SoCal Edison and Pacific Gas & Electric Co. to raise their rates. A final decision is scheduled to be issued on January 4.These actions come in the wake of last Wednesday's announcement by Standard & Poor's that it would cut the credit ratings of the two utilities down to the level of junk bonds if the state did not take action within 48 hours to ease the financial pressure on the two companies.Both SoCal Edison and PG&E have been paying high wholesale power prices for electricity they resell to their customers at rates frozen at levels 10 percent below those they charged in 1997. PG&E now is some $4.6 billion behind in collections an amount growing by $1 million per day, the company says and SoCal Edison is $3.5 billion in the hole.The California Small Business Association, whose members benefit from the rate freeze, was set to testify before the PUC in favor of a "reasonable rate increase." The group is joined in supporting a rate hike by two other prominent business associations.The California Chamber of Commerce and the California Business Roundtable said yesterday in a joint statement that state regulators must "take immediate action to maintain utility solvency while keeping the cost of electricity stable for California businesses and residents."
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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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