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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
Mirant (Southern Energy) to Buy Jamaican Power Utility
LCG, Feb. 7, 2001Atlanta-based Mirant, the former Southern Energy Inc. and still a subsidiary of The Southern Co., will pay the Jamaican government $201 million for an 80 percent interest in Jamaica Public Service Co., the country's principal electric utility.Mirant will place six directors on the company's nine-member board. The Jamaican government will retain a 20 percent stake in the firm and be represented on the board by three directors.Prime Minister P. J. Patterson told the Jamaican parliament yesterday that Mirant was selected over two other U.S. bidders, Duke Energy Corp. and Reliant Energy Inc. "Only Southern indicated a willingness to acquire the Company as an integrated operation transmission, distribution and generation," Patterson said, adding that Duke and Reliant were interested only in the company's generation operations.Patterson said the power situation in California spurred negotiations, calling the Golden State's problems "a real wake-up call for the rest of the world and a clear indication of where Jamaica could head if we fail to put JPS on a stable and financially sound footing."The prime minister said Southern planned to invest an additional $500 million in JPS, mostly in new generation, over the next 10 years. The sale is expected to close by the end of next month, he added.
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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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