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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
Lawyers Use Internet to Find Avista Plaintiffs
LCG, Sept. 5, 2000Call it high-tech ambulance-chasing. Lawyers are taking to the Internet looking for plaintiffs who want to sue companies suspected of wrongdoing.Avista Corp., the former conservative Washington Water Power Co., is a target of a law firm that is rounding up shareholders the lawyers think they can convince there's a pot of gold at the end of the litigation. There often is for the lawyers. There often isn't for the plaintiffs.One of the many law firms using the Internet to scare up a case against Avista is Berman, DeValerio & Pease, of Boston. It or they warned in an announcement on the Internet Friday that "a deadline is fast approaching for shareholders who want to sue" Avista and five other companies. The lawyers invited shareholders to call in order to learn "your ability to potentially recoup your losses."Avista made some stupid moves earlier this year and barely broke even in the second quarter, but it is unlikely the company set out to destroy the fortunes of its shareholders. What it did was guess wrong on the direction power prices would take when it sold its 175 megawatt interest in the Centralia, Wash., power plant. Instead of contracting for replacement power, it bet that the price of power would drop and it could cover its shortage for less money in the spot market.You don't go to jail for trying to fill a straight.
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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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