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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
CA ISO Submits MD02 Details
LCG, June 18, 2002--The California Independent System Operator gave the Federal Energy Regulatory Commission more details of its California power market plan, MD02.Most of the ISO's plan was submitted in April, but the last details were submitted today.One aspect of the ISO plan instates measures to ensure moderate electricity prices in case FERC does not extend the price cap beyond September 30, which is likely.The ISO plan also reportedly tries to shift electricity trading from the spot market to the forward market, and utilities would have to be able to show their sources of electricity available to meet demand one month in advance. The plan explains how generators both in and out-of-state should make power available for purchase, and it attempts to promote energy development at appropriate physical locations to relieve congestion and provide efficient electricity production. The plan will be evaluated by the Federal Energy Regulatory Commission.
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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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