EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Newsmakers

Philip Ackerman, chief executive of National Fuel Gas Co., has been elected chairman, succeeding Bernard Kennedy. Acklerman had replaced Kennedy as chief executive in October.

Steven Dennis has been assigned by the Nuclear Regulatory Commission as its resident inspector at the two-unit, 1,733 megawatt Oyster Creek nuclear power plant operated by Duke Energy Corp. at Lacey Township, N.J.

Stephen Frank, chairman and chief executive of Southern California Edison Co. for the past six years, will retire January 1. He will be replaced by Alan Fohrer, who becomes chairman and chief executive of the utility. Robert Foster was named president. Frank had planned to retire last year but was asked to stay on during the state's energy crisis.

William J. Heller has been named chief executive of Edison International Inc. unit Edison Mission Energy, which says it is among the country's largest generation businesses. He will succeed Alan J. Fohrer, who has been appointed chairman and chief executive of Southern California Edison Co. The changes occur on January 1.

Roy McAllister has joined Mirant Corp. as senior vice president for external affairs. He was most recently vice president for external affairs with Cingular Wireless.

Michael G. Morris, president, chairman and chief executive of Northeast Utilities, has been appointed by U.S. Energy Secretary Spencer Abraham to serve on the Department of Energy's newly created Electricity Advisory Board, a high level advisory board that will provide the secretary and the DOE with expert advice, information, and recommendations on electricity issues.

Manuel T. Pacheco, president of the University of Missouri System, has been appointed to the Public Service Company of New Mexico board of directors, replacing John T. Ackerman who retired on November 30.

Alan Richardson, chairman of Oregon-based utility PacifiCorp and a director of parent company Scottish Power, has lost his positions because of poor U.S. results that helped wipe almost a quarter off the value of Scottish Power shares this year.

G. Patrich Simpkins, formerly senior vice president and lead managing director of Duke Capital Partners, has been named executive vice president and chief risk officer of TXU Corp. He will also direct the activities of TXU's corporate risk monitoring committee.

Thomas Skains has been elected president and chief operating officer, a new position, of Piedmont Natural Gas Co. Inc., effective in February. As president, he replaces Ware Schiefer, who will remain the company's chief executive.

DEATHS

Cuba Wadlington Jr., president and chief executive of Williams' gas pipeline division and executive vice president of The Williams Cos., died Sunday morning at a Tulsa hospital of complications related to cancer. He was 58.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service