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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

Point Beach Operations Taken Over by New Firm

LCG, Aug. 9, 2000--Wisconsin Electric Power Co. said on Tuesday it has transferred operating authority of its Point Beach Nuclear Plant to the new Nuclear Management Co. effective yesterday. Under the agreement, the utility will maintain ownership of the plant, located near Two Rivers, Wisc.

The 30-year-old Point Beach has an output of 1,022 megawatts, about 30 percent of Wisconsin Electrics total.

Nuclear Management was formed by a group of Midwestern utilities to take over operations of their nuclear power plants when it became apparent that ownership by a utility of one or even two reactors was both economically and operationally impractical.

"Having (Nuclear Management) oversee operations of Point Beach, as well as the other nuclear plants, makes good business sense," said Richard Grigg, president and chief operating officer of Wisconsin Electric. "Customers will benefit from the enhancements provided by (a) team focused solely on nuclear plant operations and applying best practices."

Nuclear Management has assumed, or will assume, operational authority for Kewaunee, located in Kewaunee, Wisc., and owned by Wisconsin Public Service Corp., Alliant Energy Inc. and Madison Gas & Electric Co.; Duane Arnold Energy Center, located in Palo, Iowa, and owned by Alliant Energy, Central Iowa Power Cooperative and Corn Belt Power Cooperative; Monticello, located in Monticello, Minn., and owned by Northern States Power Co.; and Prairie Island, located in Welch, Minn.,and also owned by Northern States.

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