News
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
FPL, Entergy Can't Iron Out Differences, Merger Dead
LCG, April 2, 2001Entergy Corp. and FPL Group Inc. said this morning that they are giving up on their planned $6.3 billion merger after failing to resolve differences that had arisen during transition talks between the two companies.Both sides agreed not to seek termination fees unless either enters into a similar deal with another company in the next nine months.Though characterized as a "merger of equals" when it was announced, that it was a takeover of Entergy by FPL was apparent from the way the new management would be structures. Entergy said its financial advisors concluded that there was insufficient premium for Entergy shareholders for that kind of deal.Entergy also said FPL balked at creation of the decentralized corporate structure proposed in the merger agreement."FPL's approach is focused on owning and managing assets to create value through operations andefficiency improvement," Entergy said in a news release. "Entergy's approach emphasizes developingskills, relationships, and proprietary systems to create value around assets through superior marketknowledge and effective risk management."FPL complained in its own statement that "a principal reason for FPL Group's decision centered on discrepancies in Entergy's financial forecasts." Entergy Chairman Robert Luft noted that Entergy has exceeded Wall Street profit estimates for 11 straight quarters.
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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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