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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

500 Megawatt NorCal Power Plant Moves Ahead

LCG, Nov. 26, 2001--Plans to build a 500 megawatt power plant in the town of Burney, a small community in northernmost California, took on new life last week when Shasta County agreed to provide building inspectors to oversee the project, the Redding (Calif.) Record Searchlight reported Saturday.

The county signed a contract with New Jersey-based Covanta Energy Corp. to provide at least one full-time inspector for up to two years, Resource Management Director Russ Mull told the paper.

"It's a busy, busy thing -- you're running from one thing to the next verifying that they're doing it up to code," Mull said. "It's such a big project that they'll be running all day long."

The plant was proposed in 1998 and has been granted a license by the California Energy Commission, but little has been heard of the project in recent months. Last week's action by Shasta County is evidence that it has not been forgotten.

Covanta officials said site preparation will begin in early spring and commercial operation could begin by the end of 2003 or early 2004.

"We're working with the CEC on an ongoing basis to ... get permission to start construction," Mike Neal, Covanta's construction manager in Redding, told the Record Searchlight. "We're champing at the bit. We're ready to get going."

The plant is subject to the energy commission's building codes and not local codes, but the panel is allowed to sign an agreement with local agencies to oversee the project, hence the agreement with Shasta County, Mull said.

During construction, about 200 skilled workers will work on the plant. When it is completed, the plant will employ 20 to 25 workers, have an annual payroll of about $1 million and generate about $1 million a year in tax revenues, company officials said.

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