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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

Palisades Nuclear License Extended 4 Years

LCG, Dec. 18, 2000--Michigan utility Consumers Energy Co. said Friday that the Nuclear Regulatory Commission had granted its request to extend the operating license of its 789 megawatt Palisades nuclear power plant by four years.

The original license for the plant was issued in 1968 and would have expired in 2008. However, the license period included the four years the plant was under construction. As modified, the license will now run from March 1971, when the plant began commercial operation, until March 2011.

Getting the extension seems as though it should have taken little more than phone call, but these are weighty matters. "This is a major achievement for Palisades which resulted from thousands of hours of work by our employees," said Robert A. Fenech, the utility's senior vice president for nuclear, fossil and hydro operations.

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