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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

Kenneth Whipple will take the place ofWilliam T. McCormick as chairman and chiefexecutive at CMS Energy Corporation. Whippleplans to stay less than a year and will be assisted byMcCormick in the search for a more permanent CEO.

Dynegy Inc. has appointed Daniel L.Dienstbier as interim chief executive as CEOChuck Watson resigned. Dienstbier is a boardmember and also serves as president of NorthernNatural Gas.

German utility RWE AG named Harry RoelsChairman, replacing the retiring Dietmar Kuhnt.Roels has previously served in several capacities atRoyal Dutch/Shell Group.

Enron board members Frank Savage andJohn Mendelsohn resigned from their posts.John W. Ballentine and Corbin A. McNeillJr. have been elected to replace them.

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