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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
Southern California Edison Commits to 1,500 MW Wind Farm
LCG, December 22, 2006--Southern California Edison, an electric utility owned by Edison International, signed a 20-year power purchase agreement (PPA) for the electric output from a planned, 1,500 MW wind farm to be located in Southern California. The PPA is with Allco Wind Energy, a division of Allco Finance Group Limited (AFG).
The planned project will be built on a 50-square mile area in the Tehachapi area of Southern California. Allco Wind Energy stated that it would develop the project through a joint venture partnership with Oak Creek Energy Systems. The initial wind turbine installations are expected to be completed in 2010.
California's renewable energy goals and global warming legislation create a positive regulatory environment for wind developers. However, the PPA will need to be approved by the California Public Utilities Commission. Furthermore, to deliver the power to markets; the Commission will need to approve plans to construct a series of new and upgraded high-voltage transmission lines.
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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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