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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
Wave Energy Firm Scouts New England Locales
LCG, June 7, 2002--Small demonstration projects to extract electric power from energy in ocean waves are possible in New England in the next couple of years, if an Australian company can decide on a suitable site.The company, Energetech, is currently looking at a number of coastal towns in Massachusetts, Rhode Island and Maine, with the assistance of a $1 million commitment from the Connecticut Clean Energy Fund. Speaking for the Massachusetts town of Hull, Phil Lemnios, town manager, said, "We're listening, but it's premature to know if it makes sense for Hull - or the Area."Different technologies exist for capturing wave energy, which has received little attention since the oil embargo of the 1970's. The technique planned by Energetech focuses the dispersed energy of waves into a central chamber through the effects of parabolically shaped walls. A turbine is driven by air that is compressed by the force of the waves. While Energetech's structures would be placed onshore, other technologies capture tidal energy offshore.Research is being done on wave-driven power structures' effect on coastal areas. While some scientists see the structures as helping to reduce erosion, others see them as accelerating it, possibly affecting marine life in nearby areas that could see increased sedimentation.A small plant is being constructed by another company in Washington state, while Energetech is nearly ready for the building of two demonstration projects in Vancouver, British Columbia and Australia. The sole wave energy plant now in operation is in Scotland.
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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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