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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

Nicor to Sell Midwest Contracts to Constellation

LCG, March 13, 2003Nicor Incorporated, which serves customers in several states, will sell energy-related contracts to Constellation Energy Group.

Constellation is likely to take over contracts to supply electricity in Michigan and Illinois, and contracts in Indiana and Michigan to supply natural gas.

The financial aspects of the pending deal have not been released, but the arrangement is likely to be set by April 1.

Nicor is under investigation by the U.S. Securities and Exchange Commission for allegedly unlawful financial reporting.

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