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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

Dominion Begins Building Big Pennsylvania Plant

LCG, Dec. 21, 2001--Dominion Resources Inc. broke ground yesterday on a 1,200 megawatt, $800 million power plant called the Fairless Works Energy Center at the USX Industrial Park industrial center near Morrisville, in Bucks County, Pa.

The Fairless Works, the cold rolling and tin mill of once-mighty U.S. Steel, was named after Ben Fairless, president of the steel maker from 1938 to 1955.

On hand for the groundbreaking ceremonies were Pennsylvania Gov. Mark Schweiker and Thomas E. Capps, chairman, president and chief executive of Dominion Resources, presumably protected by hard hats.

Schweiker noted that Dominion Resources "was creating new jobs here, and investing in new generation, which will make our competitive electricity market even stronger."

When his turn came, Capps said "For Dominion, Fairless Works represents an important expansion to our portfolio of electric generation assets in the strategic Midwest-Northeast-Mid-Atlantic quadrant of the U.S. With the addition of this new facility to our existing fleet, we're increasing our footprint in a market that accounts for 40 percent of the nation's demand for energy."

Dominion Resources said in its announcement that demand for energy in the region is expected to increase by more than 12,000 megawatts over the next decade. That's 10 more power plants, just like the one they began building yesterday.

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