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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
Con Edison Asks FERC to Keep Lid on Power Prices
LCG, Sept. 29, 2000Consolidated Edison Co. of New York yesterday urged the Federal EnergyRegulatory Commission to institute market reforms aimed at preventing "unreasonably high energy prices" and ensuring that consumers are protected from any market abuses by power generators.Con Edison is asking for continued price controls, but nothing like the price controls imposed by California politicians in the wake of a few complaints from San Diego. Where the California price cap was lowered from $750 per megawatt-hour to $500 and then to $250, and a lid of $65 put in place for customers of San Diego Gas & Electric Co., Con Edison is asking only that FERC not allow a current wholesale market bid cap of $1,000 per megawatt-hour to expire as scheduled on October 28.Con Edison's plea came in an investigation of the New York state wholesale power market being conducted by FERC, the New York State Public Service Commission and the New York Independent System Operator. The agencies want to know the cause of price spikes that occurred this summer and what can be done about them.Con Edison thinks it knows at least one of the causes price gouging by independent power producers. The company said this summer's high electric bills were "a direct result of excessively high wholesale energy costs, a substantial percentage of which cannot be explained by increased fuel costs and the initiation of an efficient competitive energy market."The utility also called for revised rules for buying and selling power "to avoid severe fluctuations in day-to-day electric prices." Com Edison said the problems and price spikes "suggest a market that needs substantial and immediate correction and enhancement."
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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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