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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

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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ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative

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

Payer of Connecticut Utility's Congestion Charges Disputed

LCG, July 2, 2003--Charges for congestion that have been included in Connecticut Light & Power (CL&P) ratepayers' bills will continue to be the responsibility of the utility, not suppliers, unless the Federal Energy Regulatory Commission rules otherwise.

The charges, which arise when the effective limit of transmission lines' capacity is reached, were first put in place in March by the Independent System Operator - New England (ISO-NE). So far, the costs have amounted to $47 million, and represent about 6 percent on the typical customer's bill. As congestion costs change according to disparities in generation costs between different areas, they are intended to encourage investment, which would serve to drive the costs down.

The Connecticut Department of Public Utility Control (DPUC) determined that the congestion charges should be paid by CL&P at present. The utility contended that suppliers such as Northeast Utilities' Select Energy, Xcel Energy Inc.'s NRG Energy, and Duke Energy Corp. should pay the costs. FERC intends to determine a timetable for deciding the issue on July 9.
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