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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
PG&E to Pay 131 QFs $740 Million
LCG, July 20, 2001Pacific Gas & Electric Co. said yesterday it has signed five-year agreements with 131 of its qualifying facilities, ensuring the utility and its customers receive a reliable supply of electricity at an average energy price of 5.37 cents per kilowatt-hour.Qualifying facilities, often referred to as "environmentally friendly" plants, are in fact ordinary power plants developed in response to the federal Public Utility Regulatory Policies Act of 1978 which was enacted in the wake of the Arab oil embargo in the early 1970s, with the objective of diversifying energy resources in the U.S. QFs are typically smaller than utility baseload generating stations and are often cogenerators, supplying thermal as well as electric energy.PG&E, forced into bankruptcy court by California's failed electric deregulation scheme, said it will pay the pre-petition debt on these 131 QF contracts, a total of $740 million, on the effective date of the plan of reorganization. The total amount the company owed to all QFs when it filed for Chapter 11 was about $1 billion."We are pleased to have reached agreements with more than 130 of our small power producers,"said Joe Henri, director of electric portfolio management. "This will help bring stability to the market and allow our customers to receive reliable power at reasonable costs."The 131 QF contracts represent nameplate capacity of 2,950 megawatts compared to PG&E's total QF contract nameplate capacity of 4,400 megawatts. On an average annual basis, the companyreceives approximately 2,400 megawatts from all of its QFs, and the 131 QFs represent around 1,600 megawatts of the total amount.Each of the agreements requires formal approval from the U.S Bankruptcy Court. Some QF contracts have already been approved by the bankruptcy court, including one with Calpine Corp. Calpine was owed $267 million for power from qualifying facilities it owns that have a capacity of around 630 megawatts.
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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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