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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
Enron India May Disconnect Maharashtra State
Directors of Dabhol Power Co. meeting in London yesterday authorized management of the firm, 65 percent owned by U.S. Enron Corp., to terminate its contracts to sell power to India's Maharashtra State.The board's decision follows repeated failures on the part of the state-owned utility, Maharashtra State Electricity Board, to pay its monthly electric bill to Dabhol. The action empowers Dabhol management to discontinue service to the MSEB at any time.Indian officials, however, perceive the board's action as just another gambit in an ongoing dispute over the cost of power, even though a power purchase agreement was executed in 1993 and renegotiated in November 1995.In May of 1996, the Indian federal government extended its sovereign guarantee to the Dabhol project, agreeing to underwrite any defaults by the MSEB.Contracts in India are not accorded the same respect as they are in Western nations, and the terms of contracts are likely to be misstated for political purposes. Dabhol is a 2,184 megawatt power project, 740 megawatts of which are on line, with the balance due for completion later this year. The investment by Enron and its co-owners and lenders exceeds $3 billion.Yesterday, Maharashtra chief minister Voliasrao Deshmukh told The Economic Times "The state was not in favor of terminating the U.S. energy major Enron-promoted Dabhol Power Co.'s $900 million power project, but instead it wants to work out an amicable solution for solving the imbroglio."Enron might be forgiven for feeling the "imbroglio" would be solved if Maharashtra paid for the electricity it gets from Dabhol and that a lot more than $900 million is involved. Moreover, Enron did not promote the Dabhol project in May of 1992, the Indian government invited Enron Corp. to explore the possibility of building a large power plant in Maharashtra. The U.S. company may be sorry it bought the air fare.Maharashtra had threatened earlier this month to scrap the project, but The Economic Times said this was "back channel" diplomacy initiated by a veteran politician, Sharad Pawar.Now, both India and the state of Maharashtra want to renegotiate the power purchase agreement between the MSEB and Dabhol, which means they want to pay less for power than they had previously agreed to pay. Enron would probably accept a lower tariff, if the bills were paid promptly in U.S. dollars.The Dabhol project is the largest single foreign investment in India, and observers are unanimous that failure of the project at this stage would severely limit India's chances of attracting further investment from Western companies.
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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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