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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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Press Release
Innovative UPLAN 7.5 Released, Most Advanced Electricity Modeling System Ever Available
Los Altos, California – December 8, 2006: LCG Consulting proudly announces the release of its latest electricity market modeling system, UPLAN 7.5.
This innovative software suite provides unsurpassed detail and realism in a highly user-friendly environment. “This is – without a doubt – the most advanced and easiest to use electricity modeling system ever released,” proclaimed Sidart Deb, the chief architect of UPLAN 7.5.
UPLAN integrates an electricity market simulation with a full AC or DC network transmission model, projects hourly Locational Market Prices (LMP), and is fully compliant with FERC Standard Market Design. Consistent with market design trends, it performs co-optimization of energy and ancillary service procurement based on opportunity costs and elimination of inter-commodity arbitrage.
UPLAN’s full-fledged Security Constrained Unit Commitment (SCUC) and Security Constrained Economic Dispatch (SCED), including congestion management, can utilize extensive contingency sets for absolute realism. In fact, UPLAN has been successfully utilized to accurately simulate and analyze numerous regional markets, including California, New York, New England, the Pennsylvania Jersey Maryland (PJM) Interconnection, the Midwest Independent Transmission System Operator (MISO), and the Electric Reliability Council of Texas (ERCOT).
The day-ahead market is simulated in UPLAN by optimizing the commitment of resources for energy and all ancillary services, as well as taking into account both inter-regional and intra-regional transmission constraints, and incorporating optimal power flow (OPF) and resource scheduling constraints. Committed resources are then dispatched using OPF to emulate real-time SCED.
UPLAN 7.5 contains the following exciting new features:
- Ancillary Service Quantities
- Report Comparisons
- Complex Startup Profiles
- Hourly Energy Percentages for Wind Profiles
- Ability to Import Multiple Hourly Profiles From .csv
- Marginal Generator Reports
- Load Weighted Average Price Reports
- Enhanced Combined Cycle Logic
- 64-bit Technology
- Database Management Console
- Power-flow Export
“This latest version of UPLAN exceeds my wildest dreams,” declared Dr. Rajat Deb, the original architect of the model. “The advanced features contained in this software package could not have even been imagined a few years ago, much less when we first created the groundbreaking model.”
For further information, or to order your very own copy of UPLAN 7.5, please contact LCG Consulting at 650-962-9670, or e-mail at: info@energyonline.com
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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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