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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
Federal Prosecution of Reliant May Be Near
LCG, Mar. 9, 2004--Federal prosecutors have notified Reliant Energy that an investigation into behavior by subsidiary Reliant Energy Services' traders and employees could lead to criminal indictments, the company has said.Regulators with the Federal Energy Regulatory Commission (FERC) reached a settlement worth $13.8 million with Reliant over the apparent exercise of market power in Southern California power markets in June 2000, where Reliant Energy Services, now called Reliant Resources Inc., owns power plants. The settlement ended the agency's investigation. Transcripts of conversations between traders with the company were released by FERC, due to the clearly expressed intent to boost prices by deliberately withholding power from the market.Reliant said that it would argue against any charges brought against it. According to the University of California Energy Institute's Severin Borenstein, who was quoted in the Sacramento Bee, "Frankly, I think they will have a hard time getting very far. I'm not aware of any criminal laws covered by what Reliant did, though I believe they certainly are guilty of exercising market power and driving up prices."The San Francisco office of the U.S. attorney did not provide comment, as its investigation is pending.
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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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