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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
Long Island Power Authority Says Its Low on Juice
LCG, Feb. 14, 2001The Long Island Power Authority, a New York State agency, said yesterday there could be "California-style blackouts" this summer unless it has new generation sources in place on the island.Politicians everywhere are using California to scare their constituents into giving them what they want.LIPA Chairman Richard Kessel, speaking to the Hauppauge Industrial Association, said "Over the next five years, Long Island will need at least 500 megawatts of new electricity resources from a combination of on- and off-island sources just to keep up with demand." He added the Authority was considering buying power plants belonging to KeySpan Corp.KeySpan was formed in 1998 by the merger of Brooklyn Union Gas Co. and part of Long Island Lighting Co. LIPA has a 15-year contract with KeySpan for all of the generation from the former Lilco plants."Our long-term energy supply agreement has proven to be very beneficial to our customers," Kessel admitted. "But in assessing the far-reaching consequences of the California crises, LIPA needs to takea hard look at evaluating its right to purchase KeySpan's electric generating facilities."When Long Island Lighting was broken up, LIPA took over its electric distribution system and KeySpan got the company five power plants with a combined capacity of nearly 4,000 megawatts. As part of agreements signed at that time, LIPA has the right to acquire the plants from KeySpan.Kessel did not say why it would be better for a state agency than a private business to own power plants.
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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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