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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

NRC Cites Con Edison for Indian Point 2 Violations

LCG, Nov. 21, 2000--The Nuclear Regulatory Commission said yesterday it has cited Consolidated Edison Co. of New York for a violation in connection with its inspection of steam generator tubes at its 975 megawatt Indian Point 2 nuclear power plant in Buchanan, N.Y.

The agency said "the conditions associated with the violation were of high safety significance," and characterized the violation as a "red" one. It was the first time the NRC had dipped its brush into the red paint since it began coloring its inspection findings last April.

Green is "okay," white is "oops," yellow is "watch it," and red is just what you think it is. Con Edison thought the inspection at Indian Point 2 rated only a yellow.

The problem at Indian Point 2 came to light last February, when a steam generator tube sprang a leak, emitting an inconsequential puff of radioactive steam into the atmosphere, but it had existed since the 1980s. A few years after the plant began commercial operations in 1974, it was found that the steam generators weren't up to specifications.

The same thing turned out to be true at Indian Point 3 operated by the New York Power Authority and at a few other plants that had the same kind of Westinghouse steam generators. The companies sued the manufacturer, and Westinghouse replaced the faulty equipment.

Every plant installed the new steam generators right away, except Indian Point 2. Con Edison stuck its new steam generators in a warehouse for when it really needed them, and has been pinching off leaky tubes ever since. That's why the facility generates 932 megawatts on a good day instead of 975.

Con Edison even proposed plugging the tube that leaked on February 15, but by now the heat had grown too strong. Under pressure from the public and politicians, the company agreed to replace the steam generators.

Con Edison has 10 days to convince the NRC that its violation ought to be yellow, or pink at the worst, and must respond to the citation within 30 days.

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