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
Korean Union Members Strike Against Privatization
LCG, March 8, 2002-A thirteen hour talk with Korea Electric Power Corporation (KEPCO) failed to progress as over 5,000 union members continue an illegal strike.Workers at the South Korean monopoly fear for their jobs as the country prepares for privatizing power. The illegal strike is in its twelfth day, and warrants have been issued for union leaders, although police have made no arrests yet.Labor Minister Bang Yong-seok said that the government will privatize regardless of strikers and sees "zero possibility to change this policy." KEPCO, having been split into six pieces, plans to sell of all but the sixth part, which leaves nuclear and hydroelectric power to the state.1,000 temporary workers have been hired, but union leaders refuse to back down. If the government goes through with privatization, the Korean Confederation of Trade Union, consisting of some 600,000 members, says it will join in a sympathy strike.
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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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