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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
Northeast Transmission Operators File to Create Seven-State RTO
LCG, August 27, 2002After 8 months of planning, ISO New England and the New York Independent System Operator have asked federal officials to approve a northeast regional transmission organization (NERTO). According to the grid operators, joining the regions transmission systems would stabilize the energy market and limit bottlenecks. Companies would also no longer incur fees charged for moving electricity from one system to the other. The northeast market proposal, filed with the Federal Energy Regulatory Commission, includes allowance for reserve, day-ahead, and real-time markets, as well as locational marginal pricing and financial transmission rights. NERTO would also adopt an independent board of directors and an advisory committee consisting of stakeholders. According to the transmission operators, the joint market would be established by 2005 or 2006, although the merger would begin as soon as January 2003.
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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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