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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
India Instates New Energy Law to Encourage Business
LCG, May 6, 2003Indian legislators enacted a new energy law with the intent of creating more competition and efficiency in an otherwise disorganized and insufficient electricity system. A significant amount of Indias 100,000 megawatts of capacity is lost to missing or broken lines and theft. Additionally, some energy use is not metered, and state mechanisms to collect are slow and charge much less than the cost of production and service. Often, those government institutions responsible for service also are without the means to invest in improvements. Indian officials intend to limit subsidies and open the market to increased private investment. The electricity market has been officially open since 1991, but stagnant, state-mandated prices and distribution made the market difficult to enter. Also, electricity infrastructure is fraught with complicated politics having little to do with efficiency or good service. The newly instated law allows plants to sell electricity to industry directly and allows for leveled prices of electricity. In prior years, businesses paid significantly more for electricity than farmers. Also according to the new law, state utilities will receive monetary incentives for regular bill collection, and utilities will be allowed to buy electricity from any generator. All customers will be subject to meters. Much of India suffers from brownouts and blackouts as electricity development has not kept up with economic growth. India gets nearly 80 percent of its electricity from coal and gas-fired plants, almost 18 percent from hydroelectric plants, and just over 2 percent from nuclear plants.
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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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