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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
China to Officially Dismantle National Energy December 29
LCG, December 18, 2002-Chinese officials will conduct a ceremony on December 29 to mark the decentralization of China's electricity assets.In April, Chinese Officials announced that the State Power Corporation, which controls over half of Chinese electricity generation and all of the transmission, would be split into several smaller companies. Now China has set an official date to the breakup.The state transmission assets will be under the control of two companies. The southern transmission company will be responsible for Guizhou, Hainan, Guangdong, Guangxi, and Yunnan provinces, while the northern transmission company will be responsible for all other provinces.All of the generation assets will be split between five new companies. Each of those companies will have a unit made up of one of the following already existing companies: Beijing Datang Power Generation Company, Shandong International Power Development, SP Power Development, China Power Holdings, and Huaneng Power International. These companies will serve as fundraising units.December 29 will also mark the creation of a new government body, the State Electricity Regulatory 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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