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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
China's Gas Market To Allow Foreign Investment
LCG, Dec. 10, 2002--Ownership of local natural gas distribution networks by foreign investors will be allowed by the Chinese government, China Daily reported.Xu Dingming, director-general of the Industrial Development Department of the State Development Planning Commission, said yesterday, "Overseas investors are encouraged to invest in or take controlling shares in local gas distribution networks along the trunklines." In April, investment rules indicated that controlling stakes should be held by foreign companies in joint ventures in major cities, including Shanghai and Beijing. The guidelines issued then marked the opening of the country's gas infrastructure to foreign investment.Already, companies in Hong Kong have negotiated deals with growing cities in the Shangdong, Jiangsu and Guangdong provinces. Projections have put annual growth of China's demand for natural gas at 10 percent, encouraged in part by the government's wish to reduce the country's dependence on coal. A 4,000-kilometer (approximately 2,500-mile) west-east pipeline has been under construction since July, and will allow further linkages between different regions of the country, and with Russia.
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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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