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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
NRC Chairman Talks of Nuke Renaissance
LCG, April 27, 2001Chairman Richard Meserve of the U.S. Nuclear Regulatory Commission told reporters yesterday that most, if not all, commercial nuclear energy companies plan to keep their plants running beyond their initial 40-year licenses.He added that he would not be surprised if some nuclear power plants abandoned for economic reasons in the 1980s were reconsidered for completion, even though the NRC licensing process would likely have to begin over for such facilities."Perhaps the most startling recent development is the growing industry interest in the construction of new nuclear plants," Meserve said, although he said he had heard of no specific plans for a new nuclear power plant.The NRC has already approved 20-year license extensions for five reactors belonging to two utilities, Meserve said, and has on file applications for license renewals for another 34 reactors."We now expect that between 85 percent and 100 percent of the existing nuclear plants will seek license renewal," Meserve said. "It is even possible that we may receive an application to conclude certain reactor projects that were suspended for economic reasons in the 1980s."Meserve, a Democrat appointed by President Clinton a year and a half ago, said he expected the current administration's energy task force, headed up by Vice President Dick Cheney, will endorse nuclear energy as an essential part of the nation's energy mix.As for the NRC, there has been talk of "streamlining" procedures to permit "fast track" approval of license extensions. The process will still take anywhere from two years to two and one-half years, Meserve said. "We have to be satisfied that if we allow an extension, there will not be a reduction in safety," he said. "If they don't meet the criteria, we're going to reject the application."
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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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