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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
FERC Holds Public Briefing on Standard Market Design
LCG, August 20, 2002-The Federal Energy Regulatory Commission has begun discussing its U.S. standard market design plan with energy industry officials.The plan was first released July 31, and yesterday saw FERC's first briefing. Additional public briefings will be held in Boise, Idaho on August 22, St. Louis, Missouri on August 28, and Carmel, Indiana on September 19.According to FERC, the purpose of standardizing the market is to apply uniform market rules to lower costs for consumers, allow infrastructure investment, and prevent discrimination and manipulation in the market.Proposed measures include mandating twelve percent surplus energy to be available within three years. Also included are a price cap of $1,000 per megawatt hour as well as an allowance of wholesale price caps if manipulation is found to have driven up prices.According to the FERC plan, regional transmission authorities, or Independent System Operators, would also have advisory units to check for market abuse.Perhaps the most controversial proposal is the common network tariff, which would be applied to all wholesale and retail electricity transmission. State regulators normally control tariffs and would have to yield this power to the federal commission.
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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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