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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

World Bank Discusses Ugandan Hydroelectric Dam

LCG, June 5, 2002--The World Bank is considering giving a $250 million guarantee to AES Nile Power for the $550 million Bujagali Hydro Project, a 200 MW hydropower endeavor.

AES Nile Power intends to build the Bujagali Dam without financial assistance from the struggling Ugandan government.

U.S and Ugandan environmentalists assert that important information has been left out of the discussion of the project. While the building of the dam will not be paid for by Ugandans, the Power Purchase Agreement, which includes some $100 million in government payments to AES Nile annually, has not been given up for public debate in Uganda.

Additionally a confidential World Bank document is alleged to refer falsely to the dam as the cheapest source of power for Uganda, while the International Rivers Network asserts that the project is not economically viable for debt-ridden Uganda and that cheaper alternatives, such as geothermal, should also be discussed.

The World Bank's investigative body has given a report to the bank's executive board, outlining violations of internal policies regarding the Bujagali project.

According to AES Nile Power, approximately 3 percent of Ugandans have electricity, as opposed to 13 percent of those in Ghana.

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