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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

Germans Agree on Plan to Shut Nuclear Plants

LCG, May 14, 2001German government and electric industry leaders have worked out compromises to disagreements over plans to shut down the country's 19 nuclear power plants, the Frankfurter Allgemeine Zeitung reported this morning.

Chancellor Gerhard Schrder and leaders of the country's electricity producers had worked out a broad outline of the plan last June, but the energy producers later called for changes in the draft legislation because they feared the text could be rewritten to their disadvantage, the paper said.

Environment Minister Jrgen Trittin said over the weekend that the parties could sign the agreement later this month or early in June. The agreement would then be considered by the German cabinet and then by the Bundestag, Germany's parliament. The deal would not be subject to approval by the Bundesrat, an assembly of German states.

Tritten, a leader of the anti-nuke Green Party, told the Berlin newspaper Tagesspiegel, "The result of the agreement is that around 2018 Germany will no longer have any nuclear power plants on-line." Tritten has been guilty of wishful thinking in the past, however.

According to the Frankfurt paper, the plan would allow each plant to operate for 32 years and produce a fixed amount of energy. But producers could trade these quotas among plants, allowing older facilities to be closed in order to extend the life of other sites.

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