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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
Virginia Begins Hearings on Dominion Restructuring
LCG, Oct. 12, 2001--The Virginia State Corporation Commission began hearings yesterday to decide whether to allow Dominion Resources Inc. to create an unregulated electric generation company, separate from its from Virginia Electric & Power Co. subsidiary.Dominion wants the separate power producer in place when electricity deregulation takes effect in the Old Dominion on January 1.Dominion Resources, which is already a holding company, favors a complete "legal separation" of its entities, which would create a new company called Dominion Generation, into which it would transfer generating assets belonging to Virginia Power.That's the "cleanest, safest, easiest to monitor and the most effective way" to accomplish its goals, James C. Roberts, the company's lawyer, told the commission.Dominion Generation would do business as a power wholesaler throughout the U.S. Mid-Atlantic region, and would be regulated by the Federal Energy Regulatory Commission rather than by Virginia.The commission staff prefers a less complete separation that would keep the power producing assets under its regulatory oversight.The commission will conduct several days of hearings with testimony expected from at least 15 parties. Included among them are alternative energy providers who are concerned that Dominion would restructure its power producing costs in a way that would make it impossible for them to compete with the entrenched company.Some consumer advocates have expressed concern over "cost shifting" -- the possibility that Dominion would, when unbundling its retail electric rates, assign some generation costs to distribution in order to keep its wholesale rates below market values.One member of the commission staff recommended caution. "This is not the time to take sweeping and irremediable actions," William Chambliss said.
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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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