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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
Lawsuit Filed to Void Long-Term Electricity Contracts
LCG, May 1, 2002-California Senator Tom McClintock of Thousand Oaks (R ) filed a lawsuit this morning in California Superior Court alleging an energy consultant violated the law in writing long-term energy contracts. McClintock's suit asserts that state energy consultant Vikram Budhraja did not follow government code when he assisted negotiation of last year's electricity contracts. California government employees are forbidden to write contracts in which there is conflict of interest, such as if a retainer exceeds five percent of a person's total yearly income. Budhraja has served at several executive posts for Edison International, parent to Southern California Edison utility, and resigned in January of 2000. Reportedly Edison International gave Budhraja a retainer of over $100,000 last year and renewed the retainer for 2002. His own company is under contract to receive - over about a 3 year period starting in 2001 - $6.2 million from California for consulting work. Southern California Edison's generation division, Edison Mission Energy, now has a ten-year contract with California's Department of Water Resources, but Edison Mission insists that Budhraja was not involved with that contract. Department of Water Resources spokesman Oscar Hidalgo also asserts that the suit has no merit and is merely a political move on the part of McClintock. The suit has been filed in the wake of the renegotiation of eight long-term California energy contracts, rewritten because they were deemed unreasonably costly.
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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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