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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 Looks to Manitoba for Electricity Supplies

LCG, August 13, 2004--Ontario is facing shortfalls in generating capacity over the next few years, and one supply alternative gaining momentum is building a 1,250 MW transmission line to Ontario from the proposed Conawapa hydro project on Manitoba's Nelson River. A feasibility study was just completed and is under review by the government of Ontario. In addition to the billions of dollars associated with the project, a critical issue is an acceptable transmission corridor.

Ontario's projected electricity shortfall is driven by the government's planned closing of nearly 7,600 MW of coal stations prior to 2008 in order to reduce emissions. Earlier this summer, the Ontario Ministry of Energy issued a Request for Proposals (RFP) for 2,500 MW of "clean generation" and demand side projects.

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