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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
Coal Prices May Feel Upward Pressure
LCG, Feb. 14, 2003--Following a decrease in capacity among coal companies due to low demand, coal-burning power producers who have let their own inventories shrink could spur price increases when demand returns.Electricity produced from coal makes up 52% of the U.S.'s energy, yet power producers may have tried to realize savings by skimping on purchases. No concrete numbers are available, but some coal producers believe that the much cold winter now in progress has the potential to cause dangerously low inventories, especially if deliveries to power plants are delayed for any reason. The Energy Information Administration has estimated that the size of coal piles will contract by 5 million tons in the first quarter of the year.In addition to the incentive of savings, sporadic coal purchases by power producers have likely been caused by lowered credit ratings and less favorable credit terms in the wake of the Enron scandal. Those contracts that have been signed recently have generally been shorter than before, in the range of one to three years in some cases rather than ten to fifteen years.
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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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