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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
US GAO Affirms CA Crisis Related to Shortage
LCG, June 25, 2002-The United States General Accounting Office released a report yesterday which finds that the California energy crisis was due to a lack of capacity in the state.Politicians have disagreed over the origin of the California crisis, and recently exposed market manipulation pratices have set politicians' fingers pointing at energy companies.The GAO report asserts that market manipulation alone did not result in the crisis and that the state had a higher demand than supply.The report also pointed out that new generation was built in other deregulated sates, such as Pennsylvania and Texas, at a much higher rate relative to forecasted need than that in California. Through 2001 California built a quarter of its forecasted capacity needs, while Texas built more than twice is forecasted capacity need.The GAO included several reasons for a lack of generation investment in California, including more unpredictable regulatory review and a longer permit process, 4 months longer than Pennsylvania and 10 months longer than Texas. Also, the GAO reports that Clean Air Act standards complicate permitting in California, and the unstable California market may scare off energy development.Republican Representative Doug Ose has lauded the report and finds it supports his efforts to eliminate governor Gray Davis' control of the California Independent System Operator. Ose also asserts that changes must be made or shortages will plague the state again soon, although many energy officials have already asserted that the state has sufficient supply, and new energy projects are under development.
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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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