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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
Virginia Sets Retail Electric Choice Schedule
LCG, April 3,2001In an order issued yesterday, the Virginia State Corporation Commission indicated it would be at least technically possible for three quarters of the state's electricity consumers to buy power from competitive suppliers as early as Jan. 1, 2003.Under Virginia's 1998 electric utility restructuring and deregulation law the phasing in of competition among power suppliers was to begin on Jan. 1, 2002 with all Virginians having a choice of suppliers by Jan. 1, 2004. The commission has now decided a shorter phase-in schedule would attract competitive suppliers and benefit the most people.But for consumers to buy power from competitive suppliers, those electricity marketers will have to be there. The commission noted that energy marketers could be in no hurry to serve some customers, particularly those living in rural areas.American Electric Power Co., Delmarva Power & Light Co. and Allegheny Power Co., which serve about 570,000 Virginia customers among them, say they will be ready to offer customer choice to all of their customers by next January 1, but they have had the benefit of going through the growing pains in other states in which they operate.The state's largest electric utility, Virginia Electric & Power Co., which serves some 2 million customers, says it will take it two years to get ready. However, Tom Kazas, a spokesman for Dominion Resources Inc., Virginia power's parent holding company, said his company will not challenge the commission order."We're committed to implementing choice for all our customers as soon as its technicallypossible to do so," Kazas said.Virginia Power customers will be phased into the program in three phases. Next January 1, householders in Northern Virginia and a third of the state's industrial customers will get choice. Central and western Virginia residential customers and a second third of industrial users will be allowed to choose suppliers by September 1 of next year, and residents of the Hampton Roads area and the final third of industrial customers will have choice by Jan. 1, 2003.All four utilities will make quarterly reports to the commission on how the customer choice program is going, beginning this coming May 15.
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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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