News
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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Press Release
COVID-19 Simulation Results for ERCOT 2020 - a Comparison to Business as Usual Case
LCG, April 23, 2020 -- The COVID-19 pandemic is having a profound impact on daily life and the economy, from affecting which businesses are allowed to operate, to influencing international oil prices. States and major cities in the US are instituting quarantines, along with shelter-in-place directives, to contain the spread of COVID-19. Power markets will likely deviate from their business-as-usual scenario as a result of decline in power demand and fuel prices.
Both the business as usual (bau) and the COVID-case were simulated using UPLAN Net-Work Power model, and the main results are published in this report .The readers can download the the report directly.
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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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