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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
TXU's Plans to Build Nuclear Reactors Gains Momentum
LCG, March 15, 2007--Mitsubishi Heavy Industries Ltd. announced yesterday that it has received an order for two nuclear reactors from TXU Corp. TXU notified the U.S. Nuclear Regulatory Commission (NRC) of the selection late last week. Mitsubishi plans to submit its application to receive the reactor design certification from the NRC by the end of 2007.
The order is for two US-APWRs, Mitsubishi's new pressurized water reactor. The generating capacity of each reactor is 1,700 MW. The new reactors, targeted to be built near Dallas, are scheduled to commence commercial operations between 2015 and 2020.
TXU announced in late February that it had executed an agreement to be acquired for $32 billion by private equity firms led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group.
Last September TXU announced its plan to file applications with the NRC for combined Construction and Operating Licenses (COLs) for one to three sites, with a combined electric generating capacity of up to 6 GW. TXU expected to submit the applications in 2008.
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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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