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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
EU Report Will Focus on Boosting Investment
LCG, Dec. 1, 2003--The European Commission is set to release a set of laws aimed at encouraging electric generation investment and a competitive power marketplace, according to draft documents obtained by Dow Jones Newswires.The final versions of the proposed laws will be released Wednesday, and will have arrived after a summer in which outages cut power to millions of European citizens. The proposals call for incentives or forms of guaranteed return to achieve necessary investment in transmission grid infrastructure, and in power plants to meet projected growth in power demand. The documents suggest that penalties could be invoked for failure to meet reliability standards, or for delays in implementing system upgrades.The proposals by the executive body of the European Union will only become law if governments vote in favor of them. Switzerland and Italy lost power this summer when connections between the countries shorted out. Denmark and the United Kingdom also experienced blackouts that affected their capital cities. According to deregulation plans that have already been moved up in time, businesses in the EU will have the ability to choose their power suppliers in July 2004.
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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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