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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
British Power Prices May Lead to New Plants
LCG, Nov. 7, 2003--New gas-fired power plants may be built in Britain if power prices rise further, according to the chief executive of Scottish & Southern Energy, Ian Marchant, who spoke with the Financial Times this week.Marchant said that the company is analyzing the possible financial results from building the plants, but that the power prices do not quite justify building yet. The two changes that might spur new projects are a rise in power prices of £2 to £3 or lower gas prices. The chief executive also said that Scottish & Southern might bid for regional gas transmission networks owned by National Grid Transco, if bids were to be solicited.
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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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