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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
Japan Considers Increased Gas Deregulation
LCG, December 26, 2002A Japanese Economy Ministry group has recommended opening the retail natural gas market to 44% of demand in 2004 and over 50% in 2007.Japan already has made steps to deregulate its retail gas industry since 1995. Currently gas sellers that are not gas utilities can sell retail gas to commercial and industrial users at the rate of about 1 million cubic meters per year, or roughly 37% of all demand.Now a group within the Ministry of Economy has advised a Japanese economic advisory board to allow 44% of natural gas to be sold in a deregulated market starting April 2004, and by April 2007, to deregulate over 50%.Japanese officials have also discussed complete gas deregulation after 2007.An advisory group will meet in January to discuss these suggestions, public commentary will follow, and another meeting will be held in February before any recommendations will be sent to Minister of Trade Takeo Hiranuma.
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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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