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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

Japanese Approve New 2,740 Megawatt Nuclear Plant

LCG, May 16, 2001A panel of the Japanese Economy, Trade and Industry Ministry this morning approved plans to build a large, new nuclear power plant near Hiroshima in southern Japan.

Nuclear development in Japan, which gets about a third of its electricity from nuclear plants, has been at a standstill since an accident at a fuel processing plant in Tokaimura killed two workers in 1999.

Koichi Sakamoto, a spokesman for the ministry, said the approval by the electric power panel is expected to be officially endorsed by the ministry next month. He added that Chugoku Electric Power Co., which will operate the plant, had worked with local governments and had obtained the backing of residents in Yamaguchi prefecture.

Chugoku plans to build two 1,370 megawatt reactors at the site in Kaminoseki, the first to be completed in 2012 and the second in 2015.

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