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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

Bruce Power Nuclear Units Near Restart This Month

LCG, Apr. 4, 2003--Regulators stated today that Bruce Power's nuclear generating units 3 and 4 at the Bruce A plant in Ontario may start operations this month after having been taken offline in 1998.

"Today's decision gives additional impetus to our program to rtestart the first Bruce A reactor before the end of April so it can provide electricity to the Ontario grid well in advance of the summer peak," said Duncan Hawthorne, president and chief executive of Bruce Power, in a statement. Regulators allowed the Ontario-based plant to begin refueling the units beginning in January, in time for an April start-up.

The ability of Bruce Power to maintain and prepare the units was briefly threatened in the fall of 2002 due to liquidity problems within British Energy, then a major shareholder. Now, Bruce Power is part of a joint venture between Cameco Corp., a miner of uranium, TransCanada Pipelines, and a trust that is part of the Ontario Municipal Employees Retirement System. Starting the units is seen by the Independent Electricity Market Operator as a positive development for reliability, and should mean that it will not have to purchase expensive imports during the summer as it did last year.
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