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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

Ontario Asks Consumers to Lower Power Usage

LCG, Mar. 3, 2003--A bout of record-setting, low temperatures in the Canadian province of Ontario has led the Independent Electricity Market Operator (IMO) to seek lower power usage by consumers and commercial enterprises.

The request was made on Monday, and extends through 8 P.M. in the evening. The grid operator is issuing the plea due to low levels of reserve power made worse by the weather. If levels fall too low, the IMO might have to implement local blackouts, or risk instability of the transmission network, which could lead to loss of power throughout the system.
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