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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

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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ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative

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

Dominion Takes Over UI Standard Offer from Enron

LCG, Jan. 4, 2002--The United Illuminating Co. of New Haven, Conn. said yesterday it had reached agreement for Dominion Resources Inc. to supply UI's "standard offer" generation service needs through 2003.

Effective January 1, 2002, the contract replaces an agreement with Enron North America Corp. to supply standard offer services. The change was necessary to ensure the continued delivery of energy at stable prices for United Illuminating customers, in light of Enron's recent bankruptcy announcement. Enron's bankruptcy placed it in default of their contract with the local utility.

The contract with Dominion will allow United Illuminating to fulfill its obligation under Connecticut's 2000 electric restructuring law to provide standard offer service through December 31, 2003 to customers who do not elect an alternate energy supplier.

Anthony J. Vallillo, president of United Illuminating, said "This contract removes Enron as our supplier and replaces them with Dominion. The change to Dominion will be transparent to our customers. There will be no change in customer rates for the remainder of the standard offer period."

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