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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
FERC and CFTC Find No Evidence of Gas Market Manipulation
LCG, August 30, 2004--The Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC) completed their coordinated investigations into the natural gas price increases in late 2003 and discovered no evidence that any entity or individual engaged in actions or transactions intended to manipulate natural gas prices during this period.In 2003, natural gas futures shot up by nearly 50 percent on the New York Mercantile Exchange between Thanksgiving and mid-December. The investigations reviewed and analyzed a variety of market drivers (such as weather), physical and financial trading data, and audio recordings produced by companies and individuals active in natural gas markets.The CFTC concluded that "the increase in natural gas prices during that time was the result of distinct factors, including market reaction to colder than expected weather in the northeast United States during the first week in December 2003, and market statements and projections regarding the inventory of natural gas in underground storage caverns made in late November/early December 2003."To improve transparency in natural gas markets, one of the FERC's strategies is timely access to accurate information regarding gas storage inventories. A technical conference to explore new approaches and rules for posting storage information has been scheduled by the FERC for September 28, 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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