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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
Virginia SCC Authorizes AEP to Join PJM
LCG, August 31, 2004--The Virginia State Corporation Commission (SCC) yesterday authorized American Electric Power's (AEP) subsidiary, Appalachian Power Company (APCo), to transfer control of its transmission assets to the PJM Interconnection (PJM), with the implementation planned to occur October 1, 2004. Although PJM will control the transmission system, APCo retain ownership.State law requires Virginia electric utilities to accomplish such transfers by January 1, 2005, subject to approval of the SCC. In its order, the SCC stated, "...PJM represents one of the best, if not the best, available RTE (regional transmission entity) models and is the only feasible option at this time for AEP-VA to satisfy the requirements of the Restructuring Act."In the order, the SCC addresses the cost/benefit studies presented and concludes, "Witnesses for both the Company and the Staff agree that AEP-VA's integration into PJM can be expected to have a de minimis impact on the Company's net costs and benefits....We agree that the cost/benefit studies do not establish a significant economic detriment. Accordingly, based on the evidence in this case and the Stipulation, we find that the Restructuring Act requires our approval of the Application. The following terms and conditions were part of the stipulation accepted by the Commission:1. APCo will not attempt to recover any administrative, congestion, or increased costs for ancillary services associated with the transfer except through a base rate case that requires SCC approval. 2. APCo customers will receive a modest monthly credit (about $2.40 annually for residential customers) on their electric bills beginning January 2005 to reflect a share of projected benefits from APCos integration into PJM.3. APCo and PJM are required to provide various annual reports intended to assist the SCC with monitoring electricity transactions, transmission reliability, and congestion pricing in the PJM market and their respective impacts on APCo customers in Virginia.
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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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