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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

BC Gas to Buy Westcoast Energy's Centra Gas

LCG, Oct. 22, 2001--BC Gas Inc. has entered into an agreement to acquire the common shares of Centra Gas British Columbia Inc. and Centra Gas Whistler Inc. from Westcoast Energy Inc. for $208 million ($131 million U.S.), Canada NewsWire reported this morning.

Westcoast, which is being acquired by Duke Energy Corp. for $3.5 billion, also said this morning it would sell its energy services unit to the city of Edmonton's Epcor Utilities Inc.

John Reid, chief executive of BC Gas, said "Centra Gas has excellent growth potential, including the expansion of natural gas service to residential and commercial customers and the opportunity to service gas-fired electricity generating plants on Vancouver Island."

The deal gives BC Gas control of all Centra Gas's Vancouver Island and Sunshine Coast assets, including 382 miles of high-pressure transmission mains and close to 2,000 miles of intermediate-pressure transmission and distribution mains. Centra Gas currently provides natural gas to 70,000 homes and businesses and seven pulp mills on Vancouver Island and the Sunshine Coast.

Epcor's purchase of Westcoast's wholly owned Union Energy will add more than 900,000 customers, mainly in Ontario, to its existing customer base and create one of Canada's largest providers of energy and energy related services, the company said in a statement.

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