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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
Calpine Plans 1,000 Megawatts for Virginia
LCG, Nov. 21, 2001--Calpine Corp. said this morning that it plans to build, own and operate a 1,000 megawatt combined-cycle, natural gas-fired power plant in Gravel Neck, Va., northwest of Newport News.The company said the proposed Chippokes Energy Center represents an investment of about $500 million and is planned for commercial operations in mid-2005."The Chippokes Energy Center will be among the first new combined-cycle generating facilities in the Virginia-Carolinas region of the Southeastern power market, and reinforces our presence in this important market sector," said Bob Alff, a Calpine senior vice president and head of its eastern region."The Chippokes facility, combined with our growing portfolio of assets throughout the Southeast, will allow us to capture significant economies of scale, establish strong geographic diversity, and provide customers with highly reliable system-based products and services throughout this important market region," he added.As Calpine plans to configure the plant, it will provide 790 megawatts of baseload power and have an additional 210 megawatts of peaking capacity. The plant will interconnect with a substation owned by Virginia Electric & Power Co., providing excellent transmission access to markets throughout the Southeast, Calpine said.Ernest L. Blount, chairman of the Surry County Board of Supervisors, said "Modern power plants are clean and quiet neighbors and represent a high value investment for our community. We welcome Calpine and look forward to working with them as the project moves forward."
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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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