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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
Washington State Utilities Hope for Refunds Based on Enron Memos
LCG, May 14, 2002--The trading strategies used by Enron's Western traders and the associated discussion in Dec. 2000 legal memos form the basis for a planned legal brief by Washington utilities seeking refunds for expensive power purchases.Seattle City Light and Tacoma Public Utilities will seek to recover $348 million paid for short-term power purchases from Enron and other power marketers. The utilities will again argue before an administrative law that the sales did not represent "just and reasonable" criteria enforceable by the Federal Energy Regulatory Commission (FERC). Their arguments were rejected last fall, but may be seen in a different light since Enron's corporate attorneys' description of methods by which the company gamed the market in late 2000 and early 2001 have come into focus.Perhaps ironically, the FERC has sent letters to Seattle City Light among other public utilities as well as large traders, in order to determine whether their trading activities were designed to take advantage of the situation in California, where flexible price caps were placed on in-state generation. If refunds are found to be justified, the recovery of actual funds may be very difficult, due to the number of creditors interested in Enron's bankruptcy proceedings. For the moment, Seattle City Light's rate increases following the power market crisis of the past year amount to 60 percent.
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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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