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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
North Korea Agrees to Joint Survey of Power Needs
LCG, Jan. 2, 2001South Korean officials could cross the demilitarized zone later this month to inspect the electric power resources of North Korea as the result of three days of high-level talks between the two countries aimed at opening up economic cooperation.As the meetings concluded Saturday in Pyongyang, the two sides agreed to hold another meeting, possibly as soon as this week, to set up a joint field survey to investigate North Korea's power infrastructure.Last week's talks, held at the deputy minister level, were an outgrowth of and earlier ministerial exchange. North Korea made it plain that its request for electricity was the most important item on last week's agenda, including the possibility of importing South Korean power into the North.For its part, South Korea was plumping for economic cooperation that would tie the two countries closer together. The South wanted to talk about a cross-border railroad and highway, an industrial park near the border and a dam, also near the border.Reclusive North Korea sees to possibility of allowing South Koreans to investigate its power situation as a significant adjustment on its part. Pak Chang Ryon, the North's chief negotiator, was quoted in the South Korean press as saying "We have made big concessions this time, and we expect equal concessions from the South when we meet again in Seoul."Representatives of both countries said the content of last week's discussion would be released early this month. But even as the talks were in progress, it was apparent that North Korea was avid in its quest for electricity. Even in the capital city of Pyongyang, some buildings are without power.It is winter in Korea, and it is probably 20 degrees below zero, or colder, in a lot of places.
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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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