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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
Ex-Enron Employee Pleads Guilty to Fraud
LCG, August 21, 2002-Former Enron corporate executive Michael Kopper pled guilty to conspiracy to commit wire fraud and money laundering today.Kopper's guilty plea was entered in Federal District Court in Houston, Texas, before Judge Ewing Werlein Jr. He has agreed to cooperate with federal investigators and also to pay back $12 million in illicitly acquired assets.Kopper was involved with off-the-books partnerships, often helping Enron chief financial officer Andrew S. Fastow, with whom he had a close and financially complicated relationship. Fastow's dealing are a central focus of multiple investigations.Chewco, an Enron partnership formed in 1997, was one of the Enron projects where financial statements deviated from the actual accounts. Three percent of the partnership's capital was to be from independent investors, and Kopper, along with others, worked to cover up the fact that the three percent had not been met. Enron bought out the partnership in 2001. Kopper and his domestic partner William Dodson reaped over $12 million from the sale, after an initial investment of $125,000. Although Kopper is not the spotlight of the ongoing federal investigation of Enron, he is valued by investigators as a possible witness and has been released on a $5 million bond.The Securities and Exchange Commission may file a civil fraud complaint against Kopper as well.Kopper resigned from Enron in June of 2001. Enron filed for bankruptcy protection in December 2001.
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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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