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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

EdF in 715 Megawatt Power Plant for Vietnam

LCG, Sept. 17, 2001--A consortium led by Electricit de France was set to received a license from the government of Vietnam to build a 715 megawatt, $480 million gas-fueled power plant at the southern coast city of Phu My, Deutsche Presse-Agentur reported this morning.

The Vietnamese Ministry of Industry confirmed the licensing, which was to include the signing of a contract with the ministry, a power purchase agreement with state monopoly Electricity of Vietnam and a gas supply agreement with PetroVietnam.

According to Deutsche Presse-Agentur, the 715 megawatt Phu My 2-2 is to be part of the 3,600 megawatt Phu My Power complex in southern Ba Ria-Vung Tau province. EdF has already contracted with General Electric Co. of the U.S. to supply turbines for the plant.

Fuel for the plant will be piped onshore from Nam Con Son sea basin project off the coast. Construction of a $565 million, 236-mile underwater pipeline from Nam Con Son basin to Phu My station began in May.

When completed in 2004, the entire Phu My complex will generate enough power to meet roughly 40 per cent of Vietnam's electricity needs, Electricity of Vietnam has said.

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