|
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.
Read more
|
|
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.
Read more
|
|
|
Industry News
California Capsule: $10 Billion Bond Issue to Go Ahead
LCG, April 9, 2001California state Treasurer Phil Angelides said late Friday that the bankruptcy filing by Pacific Gas & Electric Co. will not affect the planned $10 billion bond issue to provide funds for long-term power purchases for the state.Angelides told Reuters that the bankruptcy could actually help the state issue the bonds, as well as close a bridge loan announced last week. The bridge loan would provide funds until the bonds could be sold."We are moving forward," Angelides said. "(The bankruptcy) could increase certainty in the process because certain agreements will now have to go through a court."Angelides has stressed the need for the bond issue to provide funds for the California Department of Water Resources to negotiate long-term power purchase contracts at relatively reasonable prices. The state has been buying power on the spot market at a cost of about $50 million a day, money that comes from the state's general fund.There's more, but not much.- A unit of The Williams Cos. said Friday afternoon that it has received authorization from the Federal Energy Regulatory Commission to build and operate emergency facilities on its Kern River natural gas transmission system. The enhancements, which will include two new compressor stations in Utah and one in California, will add about 19 percent to the system's capacity.
- Williams said it has also received approvals from various agencies in Wyoming, Utah, Nevada and California for the system improvements. Work will begin immediately, the company said, and should be complete by July 23.
- Calpine Corp. said this morning that it was confident that PG&E would come out of its bankruptcy and pay for power purchased from Calpine's "qualifying facilities." PG&E owes Calpine about $267 million in accounts receivable and there is also a $68 million note receivable that is not yet due. Calpine's QFs are the geothermal generation properties it owns at The Geysers, north of San Francisco.
- The California Independent System Operator this morning declared a Stage 2 power emergency, citing colder than normal weather. The ISO also reported a loss of generating and transmission capacity as it urged Californians to conserve electricity.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|
|
