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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
Fire and Power Problems Shut Down Both Indian Point Reactors
LCG, April 29, 2003At New York states largest and possibly most controversial power plant, both nuclear reactors were shut down due to power failure and fire. The Nuclear Regulatory Commission reported that the Entergy-owned Indian Point plants reactors tripped off line at 4:45 pm yesterday and 3:13 am today. The 951-megawatt unit 2, which went off line yesterday, was probably shut down due to loss of output breakers, according to Entergy. The 1,027-megawatt unit 3 was manually shut off early this morning when there was a fire in the high pressure turbine lasting 47 minutes. Indian Point officials did not speculate as to the possible duration of the shutdown, but energy traders noted that four cooling pumps failed after the trip, and that unit 3 probably sustained a significant amount of damage from fire.Indian Point spokesman Jim Steets said that unit 2 tripped off line because of an off-site loss of power. He said unit 3s troubles had yet to be determined but may have been related to combustion of oil in the turbine insulation, although he did not comment on how the oil would have been ignited. Indian Point has come under a lot of criticism from New Yorkers in the last several years. Many residents want to shut down the plant, which is 24 miles away from New York City and is within 50 miles of 20 million people. According to the Nuclear Regulatory Commission, Units 2 and 3 have the worst safety ratings amongst all U.S. reactors. New Yorkers began calling for a no-fly zone over Indian Point after September 11, despite analysts reassurance that nuclear plants are safe from being hit by planes. Plant officials have asserted that this shutdown poses no threat to the public. The shutdown is sure to inflate electricity prices in the region, however, as the generators supply a total of 1,978 megawatts of capacity.
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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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