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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
Ontario Utility Remains in Public Control
LCG, June 13, 2002--Ontario's Premier Ernie Eves yesterday stoped what was to be the largest initial public offering in Canadian history, saying that the sale of a minority stake in the province's utility Hydro One would still be considered.Political and public opposition to the IPO had grown increasingly untenable for Eves and his Conservative government, with polls indicating 70% of the public being against privatization. The idea of privatizing Hydro One was first supported in December by now-retired Premier Mike Harris. A surprise ruling by the Ontario Superior Court in April found that there was no legal basis for such a sale. Wholesale electricity markets were deregulated in Ontario in May.Eves maintained that he will still consider the privatization of up to 49 percent of the utility, saying "We still believe that there are ways to bring private-sector discipline to the corporation." Following the resignations of each of 12 board members last week after Eves announced an impending review of their salaries, the new board is made up of a broad spectrum of political leaders.
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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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