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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

Nova Scotia Utility Changes Name to Emera

LCG, July 17, 2000--NSP Power Holdings Inc. has changed its name to Emera Inc., which holds a lot more meaning for the holding company than for anyone else. The utilitys customers will continue to write "Nova Scotia Power Co." on their monthly cheques.

"Our new name reflects the diversity of our energy business," said David Mann, president and chief executive of the holding company.

"We have expanded our energy product line to include heavy and light fuel oil, diesel and industriallubricants," Mann pointed out. "Our investment in the Maritimes & Northeast Pipeline and the acquisition of Bangor Hydro-Electric Co. extend Emera's business and customer base into New Brunswick and the northeastern United States."

Taking all those things together, someone decided the new name should combine energy, sea and era. Somehow, that suggested Emera.

The new name, said Mann, "will be the umbrella identity for our customers, employees and operations of our growing energy related interests."

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