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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
TXU Mothballs Generation in UK Portfolio
LCG, Jan. 14, 2002--Citing falling wholesale prices and overcapacity in the UK power market, TXU will mothball part of two generating plants first commissioned over thirty years ago. Wholesale power prices in the UK have dropped roughly 25 percent with the institution of the New Electricity Trading Arrangements (NETA) in March 2001. The NETA represents a more competitive market structure than the former England and Wales Electricity Pool of old. This, plus "specific issues of age, efficiency, reliability and maintenance requirements" were mentioned by Martin Stanley, TXU's president of trading and production, by way of explanation.TXU, which negotiated the sale of the 2,000-megawatt West Burton power plant to Electricite de France for 366 million pounds ($530 million) two months ago, left open the possibility that generators at the Drakelow C and High Marnham plants could be brought back into service if the market warrants the move. The effect of mothballing the two plants will be to withdraw 522 megawatts from the UK market, which leaves more than 99 percent of the former capacity total intact.Reuters reported that Paul Taylor, vice president of UK power trading did not foresee any additional generators being mothballed.
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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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