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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
Rates Up, But Dereg Working, Massachusetts Officials Say
LCG, Jan. 26, 2001Massachusetts electric customers are seeing two bumps in their bills this month that increase the cost of power to the average customer by 15 percent to 20 percent, but state and utility officials say deregulation is working the way it's supposed to.One of the increases is for sharply higher fuel costs for power plants, which will cost the average householder $6.61, while another $2.00 brings the utilities up to date for fuel costs they were not allowed to pass through to consumers for the first three years of deregulation in Massachusetts.State officials say that the higher prices are one reason deregulation is working in Massachusetts and not in California.David O'Connor, head of the Massachusetts Division of Energy Resources, said "Everyone is grumpy, but the lights are still on here. We're taking care of our problems as they come up."The Massachusetts Public Interest Group's Rob Sargent thinks backers of electric deregulation are looking at their handiwork from the wrong angle. "Their yardstick seems to be that it's not as bad as California, therefore it must be working," he said.But regulators say they would rather have the utilities keep abreast of their costs, rather than be forced into insolvency, as has happened in California. They point out that the fuel costs would have been passed through to ratepayers, deregulation or not.Also, they point out, Massachusetts is allowing new power plant construction, another sharp difference with California. O'Connor said nine new plants have been built in the past three years and eight more are scheduled to begin operation over the next few years."There's almost no way we will continue to see the wholesale prices we're seeing with those plants coming online," he said. "The prices have got to come down."
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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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