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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

Texas to get a Whiff of Electric Dereg Tomorrow

LCG, July 30, 2001One out of 20 retail electric customers in Texas will be eligible to start receiving power from an alternative service provider beginning at 12:01 tomorrow morning, as the state begins a pilot program to get ready for full deregulation next January 1.

Originally set to begin June 1, the pilot program has been delayed by computer problems. At least one alternative service provider, and an environmentally friendly one at that, thinks the wait was worth it.

Eleanor Scott, a spokeswoman for Green Mountain Energy, said "We think waiting until all the systems are ready will let us provide good customer service."

Good service without California's problems, is the promise of Texas industry officials. They point to recent commissioning of several new power plants in the Lone Star State as insurance against soaring prices and rolling blackouts.

In Texas, and everywhere else but Sacramento, an insufficiency of supply in California is seen as the cause of that state's problems. In California, the high power prices and rolling blackouts are blamed on energy companies from Texas.

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