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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
Ontario Government Acts to Attract New Generation
LCG, August 5, 2004--The Ontario electricity market today is faced with a need to rapidly develop new electricity supplies in order to meet the government's goal of shutting down its aging fleet of coal plants and reduce emissions. The coal plants represent about 7,500 MW of capacity, or roughly a quarter of Ontario's generating capacity. Yesterday, Ontario Energy Minister Dwight Duncan visited the Calgary Chamber of Commerce to discuss the government's vision for the energy markets and interest in attracting the private sector to invest in new generation located in Ontario.The government has been actively promoting change in the markets. In June 2004, the government issued a Request for Proposals (RFP) for 2,500 MW of new generation and/or conservation in Ontario, as well as an RFP for 300 MW of new renewable energy capacity in April. Duncan predicted yesterday that Ontario will be signing contracts by January.Legislation was introduced on June 15, 2004 to restructure the Ontario electricity market, including the creation of a new government entity, the Ontario Power Authority (OPA). The OPA's responsibilities are to include planning for long-term electricity supplies.Investors remain cautious, given Ontario's previous move towards competitive markets in 2002, which was followed by a partial reversal back to regulation.
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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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