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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Industry News
Two Former Coastal Corp. Traders Accused of Fraud
LCG, Oct. 30, 2001--The U.S. Commodity Futures Trading Commission yesterday accused two energy traders with defrauding their former employer, Coastal Corp., in an illegal trading scheme five years ago.Clay Krhovjak and Paul Cochran, who were vice presidents with Coastal's commodity futures trading desk in Houston at the time, were responsible for placing trades with the New York Mercantile Exchange.They are charged with moving $89,228 from successful Coastal trades into straw man accounts, thus shifting Coastal's profits to themselves.The Commission said in its complaint that the scheme "ensured Cochran, Krhovjak and other participants risk-free personal profits." The two could face civil penalties and trading prohibitions if found guilty.Cochran and Krhovjak have already pleaded guilty in a U.S. District Court in Texas. In September of last year, both pleaded guilty to conspiracy to commit commodities fraud, with sentencing expected early next year.
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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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