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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

Wisconsin Public Service Drops Customer Choice

LCG, Feb. 22, 2001WPS Resources Corp. said yesterday its regulated utility subsidiary Wisconsin Public Service Co. has withdrawn its electric customer choice program because events in California have clouded electric industry deregulation.

The company said it asked the Wisconsin Public Service Commission to withdraw the program from consideration. It had been intended to introduce a competitive electric generation marketplace for consumers in a deregulated environment.

WPS chief executive Larry Weyers said "Unfortunately, with California's experiences with electric shortages and high prices, most customers today seem to accept the current system of utilities building and owning electric plant."

WPS said it was still in favor of a competitive marketplace and would make a few changes in the proposal in order to ease shareholder and customer concerns before resubmitting it to the PSC.

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