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
India's Karnataka State Wants Better Power Deals
LCG, May 22, 2001Karnataka state, the Silicon Valley of India, is pressing 11 private electric power companies to renegotiate contracts it signed for the output of power plants currently under development.Karnataka, on India's west coast just south of Maharashtra state, apparently thinks its northern neighbor is winning its battle with Enron Corp. to get lower prices for power generated by the U.S. company's Dabhol Power Project, but Enron has indicated it will pull out of India before renegotiating its six-year-old contract with the Maharashtra State Electricity Board.Karnataka has told the independent power producers they must make their prices more competitive and has further said that it would not guarantee payment to the companies. "We're trying to tell them your tariff has to be competitive," said V.P. Baligar, chairman and managing director of the Karnataka State Power Transmission Corp. Ltd., the state's monopoly power distributor. "You have to have the final capability so you can implement the project without any guarantee or escrow."Karnataka signed contracts in 1996 for the output of 14 projects, three of which have already begun operation. The state will reluctantly pay the agreed-upon rates for the three operating plants but wants to renegotiate agreements for the other 11.The state bills itself as the technology center of India and says it will need 2,500 megawatts of new generation within five years. The 11 projects would provide 2,000 megawatts of that capacity, with one plant, the Mangalore Power Co., providing 1,000 megawatts. Mangalore, once the project of U.S. power developer Cogentrix, is now owned by China Light & Power, Cogentrix having given up on the project in 1999 because of litigation and bureaucratic delays.In addition to Cogentrix, three other U.S. firms have pulled out of Indian power projects, citing red tape, litigation and the impermanence of Indian legal instruments.
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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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