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News
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LCG, February 20, 2026--The EIA today issued an "in-brief analysis" that estimates U.S. power plant developers and operators plan to complete a record installation of 86 GW of new, utility-scale electric generating capacity that is connected to the U.S. power grid in 2026. Last year, 53 GW of new capacity was added to the grid, which was the largest capacity installation in a single year since 2002. Thus the estimate of 86 GW of new capacity in 2026 is a whopping 33 GW greater than the year prior. It should be noted that over 20 GW of the 86 GW of new capacity this year is estimated to be completed in December.
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LCG, February 19, 2026--The EIA released an "in-brief analysis" today regarding the expected completion of the first, large-scale commercial enhanced geothermal system (EGS) in June 2026, and the significant growth potential for year-round, 24x7, carbon-free, renewable EGS power generation in the United States.
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Industry News
PUC Staff Make Proposal for Texas Balancing Market
LCG, Mar. 19, 2003--A plan for preventing price spikes in the balancing energy market within the Electric Reliability Council of Texas (ERCOT) has been put forth by staff with the Public Utility Commission (PUC) of Texas.The proposal is a reaction to price spikes that occurred in late February, when the balancing market priced Up Balancing Energy Service at $990/MWh, just below the $1,000 price cap. A more complicated plan addressing price spikes has been in development by the PUC's Market Oversight Division and ERCOT for about six months.The new proposal would come into play when all power offered in the balancing market was to be bought by ERCOT, the grid operator. In such situations, sellers would be informed that prices would probably be reduced at a later date. The reduction would be calculated as if ERCOT had bought only 90% of the amount of energy actually used. The Market Oversight Division will continue to look at ways to address spikes, but has recommended the new proposal to commissioners while it does so.
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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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