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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

Midwest ISO Continues to Evanesce

LCG, June 15, 2001The Midwest Independent System Operator, which a year ago claimed to be the nation's largest, continues to wither. Yesterday, the shrinking ISO said it has notified the Mid-America Interconnected Network that an agreement reached last September for the two organizations to integrate certain functions has been rendered irrelevant.

MAIN is one of 10 regional councils of the North American Electric Reliability Council, an industry-sponsored organization responsible for operating procedures and protocols that govern the nation's transmission grid.

In a letter to the chairman of MAIN's executive committee, James P. Torgerson, chief executive of the Midwest ISO, said that because Commonwealth Edison Co., Illinois Power Co. and Ameren Corp. are no longer members of the Midwest ISO the rationale for continuing the agreement no longer exists.

Under terms of last year's memorandum of understanding, the Midwest ISO was to have integratedvarious MAIN functions and personnel into the Midwest ISO. However, because the Midwest ISO will not be assuming security coordination and transmission operational control over all MAIN member transmission systems as originally anticipated, the MOU is no longer valid, the letter explains.

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