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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

CMS Energy to Exit India

LCG, Nov. 12, 2001--Michigan utility holding company CMS Energy Corp. said in an e-mailed news release this weekend that it is planning to sell all of its energy interests in India.

Early this summer, CMS said that it was losing its enthusiasm for doing business on the subcontinent after plans to build an 1,850 megawatt power plant along with a liquefied natural gas terminal on the Coromandel Coast, just north of Madras, became hopelessly entangled in red tape.

CMS did not say the difficulty of doing business in India was the reason for its planned exit from that country.

Kelly M. Farr, the company's director of communications, said "CMS Energy is refocusing its business strategy to repair its overleveraged balance sheet. As such, we will concentrate on our home base of North America for future growth and ultimately sell our energy assets in India."

But there are parallels between the $1.6 billion LNG-power plant project and Enron Corp.'s similar $2.9 billion project on the west coast of India.

CMS said it would look for buyers for its 49 percent interest in the 200 megawatt Basin Bridge power plant in Madras, its 23 percent stake in a 235 megawatt plant in southern Andhra Pradesh state and its 50 percent share of a 250 megawatt plant under construction south of Madras.

CMS has about $690 million invested in those three projects.

Farr said no timetable had been set for the sell-off.

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