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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
New York Directs Con Edison & NYPA to Develop Plan for Closure of Indian Point
LCG, November 29, 2012--The New York Public Service Commission (NYPSC) on Tuesday directed Consolidated Edison, Inc. to develop with the New York Power Authority (NYPA) a contingency plan to provide for the closure of the 2,063-MW Indian Point Power Plant. NYPA is a state-owned generator that supplies power to government customers in New York City, and Consolidated Edison, Inc. is an investor-owned energy company.
A Con Ed spokesperson stated, "We will comply with the Commission?s directive to work with the New York Power Authority to develop a contingency plan addressing the needs that would arise in the event of an Indian Point shutdown. Delivering reliable, affordable electricity to customers is our primary responsibility and a shutdown of Indian Point, without sufficient alternatives, would threaten electric system reliability and potentially raise electric market prices."
The Governor of New York has expressed his desire to close the nuclear reactors, located about 40 miles north of Manhattan along the Hudson River, when the operating licenses expire in 2013 and 2015. The governor has stated that even the most unlikely possibility of an accident is too much in the heavily populated area.
The owner of Indian Point, Entergy, claims the reactors are safe and filed with the Nuclear Regulatory Commission (NRC) in 2007 to renew the Indian Point operating licenses for a 20-year extension. An Entergy spokesperson stated, "Entergy and its employees continuously demonstrate the plants are safely operated, and is committed to safely operating this important facility for many more years to come."
The back-up plan to relying upon Indian Point for power was a component of the Governor's Energy Highway Task Force's Blueprint, a comprehensive plan with the goal to ensure that New York's energy grid is the most advanced in the nation and promotes increased business investment in the state. The plan calls for the addition of up to 3,200 MW of additional electric generation and transmission capacity, including 270 MW of renewable generating capacity, through approximately $5.7 billion in private investments.
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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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