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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

Republicans Finish Energy Bill Negotiations

LCG, Nov. 14, 2003--Difficult and protracted negotiations on a comprehensive energy bill are essentially over, according to Republican Senate and House chairmen of the committees that led them.

The announcement was made today by Sen. Pet Domenici of New Mexico and Rep. Billy Tauzin of Louisiana. Included in the bill are tax credits for ethanol and for nuclear and coal power producers, as well as aid for specific local projects. The bill did not include provisions for drilling for oil in the Arctic National Wildlife Refuge in Alaska, although White House Spokesman Scott McClellan said the administration feels that such projects "should be part of a comprehensive energy plan."

Democrats will now review details of the plan, which are scheduled to be posted tomorrow at noon on the website http://energy.senate.gov/ and http://energycommerce.house.gov/. Sen. Charles E. Schumer of New York, a Democrat, voiced strong objections to what he called a "grab bag of goodies for special interests," and said the bill "should be stopped in whatever way possible and I will be checking with my colleagues to see if we have the support to do so," although substantial changes are unlikely.

Mr. Tauzin said the package, the completion of which has been sought by Energy Secretary Spencer Abraham, "is going to make a difference in American families' lives."
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