|
News
|
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.
Read more
|
|
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.
Read more
|
|
|
Industry News
PJM Files Reliability Pricing Model with FERC
LCG, September 1, 2005--PJM Interconnection (PJM) announced yesterday that it has filed with the Federal Energy Regulatory Commission (FERC) a new capacity pricing model to improve grid reliability and better ensure adequate electric supply. The Reliability Pricing Model (RPM) follows a multi-year, stakeholder process. The model is designed to signal the need for investment in new power supplies and to provide consistency that would create an environment more attractive to investors. Wholesale capacity prices may vary by location in order to incent new generation where it is needed relative to load locations and transmission constraints. Other key features in the model are designed to address demand side management and to incent new transmission infrastructure as an alternative to new generation.PJM, which has significantly expanded its service area over the past two years, now operates the power grid for all or parts of Delaware, Indiana, Illinois, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
|
|
|
UPLAN-ACE
Day Ahead and Real Time Market Simulation
|
|
|
UPLAN-G
The Gas Procurement and Competitive Analysis System
|
|
|
PLATO
Database of Plants, Loads, Assets, Transmission...
|
|
|
|
|
