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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
Enron's Interim Chief Executive Gets To Work
LCG, Jan. 30, 2002--The creditors committee taking part in Enron's bankruptcy proceedings and the company's board yesterday signaled their agreement that Stephen F. Cooper is best prepared to manage and improve Enron's troubled state.Cooper was named by the board because of his prior experience with bankruptcies at Federated Department Stores and Trans World Airlines. He is a managing partner with a firm, Zolfo Cooper, that advises ailing companies. The board also named Jeffrey McMahon chief operating officer. McMahon was described by Sherron Watkins, who expressed serious concerns about Enron's accounting practices to former chairman Ken Lay, as an executive who was openly bothered by the company's conflicts of interest.A statement issued by Cooper said, "our focus is on the future of Enron. Enron has real businesses with real value. We will work closely with the board of directors, management and the creditors committee to develop a reorganization plan to maximize value for the company's stakeholders."It is not known whether Enron will be able to continue as a viable business that retains its operating units. Nonetheless, Sandra E. Mayerson, who is representing members of the creditors committee, told the New York Times, "he's a person who can get in there and see where the bodies are buried and see what things are need to calm the waters."
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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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