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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 Survey to Determine Cooperation with Reporting Standards
LCG, Sept. 8, 2003--Two surveys will be conducted by the Federal Energy Regulatory Commission, one in October, and the next in March, to determine whether natural gas and electricity traders are conforming to voluntary guidelines established by the agency regarding price reporting to index publishers.Buyers and sellers of gas and electricity in the cash market will be asked to respond to 20 questions that are meant to gauge the level of participation in price reporting, the detail with which trades are being reported, and company systems for circulation of such information beyond traders, to managers.Comments on the surveys will be accepted through Sept. 17. Some index publishers have already submitted ideas about how more meaningful and accurate price indices can be developed. The departure of some companies from energy trading has impacted the volume of data reported, as has companies' wariness concerning possible investigations into alleged manipulation.
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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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