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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
CPUC PG&E Plan Approved
LCG, May 16, 2002-Federal Judge Dennis Montali approved the California Public Utilities Commission's plan regarding PG&E's bankruptcy. PG&E utility filed for bankruptcy in April of last year, and Judge Montali ruled earlier this year that creditors would vote on which plan should be undertaken to bring PG&E from insolvency. The Commission and PG&E respectively constructed the two plans in question. Objections were raised on previously filed Commission plans, but Montali finally approved the edited plan Wednesday after the Commission guaranteed it will not retroactively change details in its plan. A preliminary hearing on the plans is scheduled for August 1, and balloting will be completed August 12. The plan includes keeping retail electricity prices for customers at the current rate and leaving PG&E answerable to Californian regulations. Creditors would be paid completely in order to restore PG&E's investment grade credit rating. Conversely, PG&E's plan splits the utility into four units, three of which would be sold outside of the state's authority. PG&E opposes the Commission's plan and has called it "unlawful."Some 13 million customers are served by PG&E utility.
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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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