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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 PSC Directs RG&E to Contract for Power from R.E. Ginna Nuclear Power Plant
LCG, November 17, 2014-The New York Public Service (PSC) ordered Rochester Gas & Electric (RG&E) to negotiate a power purchase agreement (PPA) for electricity generated from the R.E. Ginna Nuclear Power Plant, which is owned by Constellation Nuclear Energy Group, a subsidiary of Chicago-based Exelon.
Constellation had petitioned for assistance from the PSC, stating that it had lost $100 million over the last three years and that it has forecast revenue shortfalls after the contract with RG&E expired at the end of last June. Exelon stated to the PSC, "Projected market revenues are insufficient to support the Ginna facility's continued operation."
Under the expired contract, RG&E purchased 90 percent of the power generated from the 581-MW nuclear power plant. After the expiration, Constellation has to accept competitive market prices. With relatively low natural gas prices and low market prices for electricity, the non-carbon emitting nuclear facility could be uneconomic to run, which could then lead to the closure of the facility. Based on a study released last month, closure of the base load, 44-year old nuclear facility, located 22 miles northeast of Rochester, could increase grid reliability risks.
The PSC stated that, with its order, it is acting to protect grid. The Chair of the PSC would like to develop a solution to maintain grid reliability until an alternative can be implemented.
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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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