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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
Electricity Rate Hikes Hit Rhode Island Consumers
LCG, March 27, 2001Rhode island was the first state in the nation to embrace electric deregulation and now some of its citizens are wondering if it was such a good idea, according to this morning's edition of the Providence Journal.During a Rhode Island Public Utilities Commission hearing yesterday on a request by Narragansett Electric Co. for a 3 percent rate increase, consumers who testified were unable to forget four other rate increases in the past year that have caused electric bills to rise 30 percent."Do you realize how much you are hurting me and people like me?" Josephine Drake asked officials from Narragansett Electric. "My God, when is this going to end?"Kate Racine, a member of the PUC, said the commission will decide Thursday whether to grant the rate increase but said it would likely be allowed because it is a fuel adjustment increase and the PUC has no choice. "It's a most difficult this to sit here and know how this impacts people's lives," she said.It was impacting the life of Margaret Rogers, who testified that she was glad all the rate increases came in little bites. "But you're killing us just the same," she said. "It's getting harder and harder." Ronal Gerwatowski, Narragansett's attorney, said "It's not easy for to come here and ask to increase our customers ' bills." He said the utility can no longer control prices, having sold its power plants. He said spot market prices for electricity this summer are already 11 cents a kilowatt-hour, compared with the 6.3 cents a kilowatt-hour under the proposed rate increase. The current rate is 5.9 cents a kilowatt-hour.
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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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