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
California Capsule: Davis May Cut Deal to Save Grid Buy
California Gov. Gray Davis has conceded that he may have to change the terms of his deal with southern California Edison Co. for the state to purchase the utility's electric transmission facilities if he wants the legislature to approve the deal.Davis and his administration staff handled the negotiations with SoCal Ed behind closed doors, and many of the provisions of the memorandum of understanding between the governor and the utility need approval not only by the legislature but the California Public Utilities Commission."There is a determination to try and solve this problem," Davis said, "whether or not it means amending the memorandum of understanding or trying a slightly different approach."Davis' comment came following a meeting with state Senate Democrats where members of his own party had sharp questions about the grid buy. An earlier meeting with Republican senators deteriorated into outright animosity when the governor directed a stream of obscenities at a lawmaker who questioned proposals to seize power producers' facilities.Senate President Pro Tem John Burton, a San Francisco Democrat, said "It's clear that the deal, as is, could be problematic. This has to do with what's in the bill, what's in it for the people of the state."But some lawmakers seemed bent on muddying the waters by tacking on irrelevant provisions. State Sen. Jackie Speier, a Democrat from Daly City, said she wants to amend the bill to provide penalties for independent power producers who overcharge for electricity.Somehow, lights are still on in California, despite the dimness in Sacramento.- California Attorney general Bill Lockyer who, it should be noted, thinks he would make a good Democrat governor, filed a motion in San Francisco Superior Court yesterday asking that two independent power producers be ordered to turn over confidential financial records. Lockyer is conducting an investigation hoping to discover that power producers broke the law by overcharging for electricity.
- Yesterday, the attorney general asked that Reliant energy Inc,. and Mirant Corp. be forced to cough up their records, which he had subpoenaed but which were not forthcoming by a March 19 deadline. He accused the two companies of dragging their feet "so they can keep enjoying these exorbitant profits and prices for as long as possible." Adding a little fire to his rhetoric, Lockyer said "I'm going to pit bull them."
- Reliant said it would be happy to provide the records if Lockyer could provide assurance that the confidential information wouldn't be leaked all over the state.
- The Sacramento Municipal Utility District voted last night, as expected, to approve electric rate increases of between 19 and 27 percent. The new rates will go into effect immediately after a final vote, scheduled for May 3. SMUD was hit from three sides all at once: Wholesale electricity, which the municipal utility buys to supplement its own generation, has tripled in cost since last October. The price of natural gas, which the utility uses to produce power in its own thermal plants, has also risen sharply. And a dry winter with a small snowpack has reduced production at SMUD's hydroelectric plants on the American River to about 53 percent of normal.
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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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