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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’s 12 Percent Reserve Riles Some Californians
LCG, November 20, 2002In an effort to prevent future energy crises, FERC plans to instate a 12 percent reserve requirement, but some utilities say such a move will cost too much. The Federal Energy Regulatory Commission is considering setting the state energy reserve level at 12 percent as part of a larger effort to prevent events like the California energy crisis of 2000/2001, which landed Northern California utility PG&E in bankruptcy court. However, some Californian officials object to the proposed measure, saying that forcing utilities to buy extra electricity will result in higher costs, the opposite of the intended effect of preventing high costs. The California Consumer Power and Conservation Financing Authority asserts that FERC has gone beyond its authority in considering such measures, while representatives from Southern California Edison find minimum reserves necessary but object to FERCs proposal. Some officials feel that the Independent System Operator should take responsibility for keeping the lights on. Naturally, utilities will object to any new rules limiting their flexibility; FERC will have to determine whether or not the reserve requirement will be worth its cost to the utilities. FERC will consider and solidify the reserve issue, as well as other facets of market design, next year.
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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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