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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

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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ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative

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

Newsmakers

EnergyOnlines weekly wrapup of the goings and comings of key people in the energy industries.

Debra L. Lee, president and chief operating officer of BET Holdings II Inc., has been elected a director of Washington Gas Light Co. BET is a multi-media firm that owns and operates Black Entertainment Television, and other assets.

Nancy Morovich has been named vice president for investor relations by Entergy Corp., replacing E. Renae Conley, who was recently named president and chief executive of Entergy Louisiana. Morovich most recently was chief financial officer for utility operations.

Joseph M. Russo has joined Niagara Mohawk Power Corp. as vice president for public affairs and corporate communications. He was most recently vice president for corporate affairs with The Hertz Corp., a subsidiary of Ford Motor Co.

Clark C. Smith has been named president of El Paso Merchant Energy Co., the energy sales, trading, and risk management unit of El Paso Energy Corp. He replaces Greg G. Jenkins, who has become president and chief executive of El Pasos telephone business.

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