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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

Newsmakers

Ann Curtis has been promoted to vice chairman of Calpine Corporation. Curtis, who has been in the power industry for over 20 years, founded Calpine Corporation, and led its initial public offering, the largest IPO in the independent power industry at that time.

Robert D. Kelly has been promoted to executive vice president and chief financial officer of Calpine Corporation. Kelly succeeds Ann Curtis in that role. Kelly will continue as president of Calpine Finance Company. Before joining Calpine in 1990, Kelly was marketing manager of Westinghouse Credit Corporation, starting the Energy Finance Division's Western Region.

Calpine Corporation has promoted Eric N. Pryor to the dual positions of deputy chief financial officer and chief risk officer for Calpine Corporation. Pyror joined Calpine in 1995 as a senior analyst, and was recently senior vice president of finance.

The board of the Ohio Electric Utility Institute (OEUI) announced that it has elected Greg Ficke as a director and vice chairman of OEUI, the non-profit state trade association representing investor-owned electric companies in Ohio. Fice is president of the Cincinnati Gas & Electric Company, a subsidiary of Cinergy Corp.

Jane F. Kelly has been elected assistant corporate secretary and assistant counsel for South Jersey Industries and corporate secretary for South Jersey Energy. Kelly has served as the executive director of the New Jersey Utilities Association and assistant counsel to former Governor Thomas Kean.

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