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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
Out-of-State Bidding Rule Potentially Harmful, CA ISO Says
LCG, May 28, 2003--A rule that allows only real-time energy bids of zero by non-California generators could unnecessarily restrict power supplies during the summer, according to a filing made with the Federal Energy Regulatory Commission by the California Independent System Operator.The restriction was put in place to avoid the possibility of power being sold out-of-state, potentially leading to higher-cost purchases by California from out-of-state generators. It was to have ended with the introduction of new software to be used by the ISO, with the FERC's approval. Now, the software is expected to arrive later than planned, by fall of this year.The grid operator still wants generators to be able to bid more than zero, which would allow them to keep from incurring operating costs greater than the market clearing price when their bids are selected. Even if allowed to bid more, those generators would not be able to set the market clearing price. The ISO said in its filing that out-of-state generators' bids into the real-time energy market are reduced from what they had been before the rule was put in place.
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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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