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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
Argentina's Booming Economy Hit by Natural Gas Shortage
LCG, Apr. 5, 2004--Blackouts have affected numerous industries in Argentina, due to artificially low prices for natural gas that have stoked demand and deterred companies from unprofitable exploration efforts.The situation, which has prompted utilities to lower voltage to keep power flowing, also caused the legislature during the past weekend weekend to permit gas companies to raise gas prices by 100 per cent, over a fifteen-month period. Prior to that step, it passed a resolution restricting the amount of exports to foreign countries, in order to make more natural gas available for power generation. Small users of gas, however, are protected from price increases, and will continue to pay for gas at a rate well below what is paid in other countries.Gas prices were fixed at artifically low levels under an emergency decree in early 2002. Among other things, this encouraged the conversion of over one million vehicles to natural gas-burning engines, from gasoline-burning. The government of Nestor Kirchner has said that it will exchange exports of meat and grain for imports of fuel oil and gas oil from Venezuala, for use at electricity generating plants. Even with price increases, however, prices will be artificially low, and an excess of demand over supply is likely, unless the prices can rise sufficiently to encourage exploration and drilling for gas.
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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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