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
Brazil Power Plant Concessions Bring Big Premiums
LCG, June 29, 2001Bidders for eight concessions in electricity-short Brazil to build and operate hydroelectric plants brought plenty of money to the auction yesterday, paying a premium of eight times the total minimum set by the government electricity regulator Aneel.Among those winning concessions and paying the highest premiums were companies that can't live without large amounts of power, and seek to generate their own. U.S. aluminum company Alcoa paid a premium said to be 3,000 percent over the government's base price and Brazilian metals giant Cia Vale do Rio Doce was awarded the largest project.Alcoa's group paid 37 million reals ($16 million U.S.) for the right to build a 210 megawatt facility in the state of Goias. The project will require an investment of around 320 reals ($138 million).Cia Vale do Rio Doce's group won the right to an 840 megawatt plant to be built on the Uruguai River that separates the states of Santa Catarina and Rio Grande do Sul. That plant will require an investment of 1 billion reals ($430 million).Bidders agreed to pay a combined 69 million reals ($30 million) in concession fees for a period of up to 30 years. Payment of the fees begins when the plants become operational.Mario Abdo, head of Aneel, said the auction "was a success, which matches the country's interests. The moment of the (power) crisis boosts the interest in increasing the amount of energy to be offered."Though Brazil's electricity crisis was brought on by a long drought, officials said the concessions are for hydroelectric plants in parts of the country where there has been no water shortage. In any case, the smallest of the plants will not likely begin operation for about five years.
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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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