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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
California Muni Adds Capacity to Keep Rates Low
LCG, Dec. 14, 2000--Not everybody in California is suffering from the insufficiency of electric power in the state. The City of Redding plans to add 54 megawatts of generation to the city power plant, boosting its capacity by 50 percent, and paying for the improvement with "other people's money."The Redding Record-Searchlight, a local daily, reported yesterday that the City Council had unanimously approved the $41 million addition to the municipal power plant.The city's electric department will install a new 43 megawatt natural gas-fueled turbine and a heat recovery steam generator that will use the turbine's exhaust to boost production from an existing steam turbine by 11 megawatts.Throughout California's six-month power shortage, Redding and other municipalities that own generation have been called upon by the California Independent System Operator to run their plants full time to provide the thin margin of reserve power that has kept the state's electric transmission system from collapsing.Within limitations imposed by a series of price caps, much of that power went for top dollar on the state's spot market. Redding officials say that at least two-thirds of the cost of the plant addition will be paid for by revenues generated by the power sales."We're essentially going to build this plant with other people's money," Redding Vice Mayor Pat Kight told the Record-Searchlight. "It's not costing the city anything and it guarantees low rates," he said. "If we end up selling more power with this plant, that's just a plus."When California restructured its electric industry, the City of Redding was faced with staggering potential stranded costs exceeding $200 million -- a lot of money for a mid-sized town located 200 miles north of San Francisco.To pay down the debt, the city imposed a 23 percent rate hike on its citizens, boosting their electricity costs from about 8 cents per kilowatt-hour to around 10 cents. That surcharge was to last until 2004, but the power sales that will pay for the plant addition have also enabled Redding to accelerate the paydown of its indebtedness. The surcharge is now scheduled to vanish in 2002, two years ahead of schedule.
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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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