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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

Cleco, Calpine in 20-Year Fuel-for-Power Deal with Aquila

LCG, Oct. 23, 2000--Cleco Corp. and Calpine Corp. announced jointly on Friday they have signed a 20-year contract with Aquila Energy, a subsidiary of UtiliCorp United Inc., for 580 megawatts of the output of their 1,000 megawatt Acadia Power Project currently under construction in Acadia Parish, La.

Calpine and Cleco Midstream Resources each have a 50 percent interest in Acadia Power Partners, which owns the 1,000 megawatt combined-cycle plant. Construction on the unit began in July and is on schedule for completion by June 2002.

Under the arrangement, called a "tolling agreement" in the trade, Aquila Energy will supply the natural gas needed to generate 580 megawatts of electricity and will own and market the produced power. The agreement goes into effect July 1, 2002.

Cleco is the holding company for the former Central Louisiana Electric Co., the utility that started out as an ice house in 1914. The ice house had a 50 kilowatt generator to run its refrigeration equipment and sold a little power on the side. By 1934, that had grown to be Louisiana Ice & Electric Co. and the rest, as they say, is history.

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