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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

NRC Kicks Back FirstEnergy's Application to Renew Operating License for Beaver Valley Station

LCG, March 29, 2005--The Nuclear Regulatory Commission (NRC) has determined that the application to renew the operating licenses of Units 1 and 2 at FirstEnergy Nuclear Operating Companys (FENOC) Beaver Valley nuclear power station is unacceptable for docketing. FENOC stated that it plans to revise the 1,500-page license renewal application (LRA) and to resubmit the LRA to the NRC this summer.

On February 9, 2005, FENOC submitted the license renewal application to the NRC, and the staff began its acceptance review to determine if the application is complete prior to initiating the detailed, technical review. The comprehensive document includes engineering reviews of plant equipment, components, structures and various programs. If granted, the renewal will extend the license to operate the plants by 20 years. The original, forty-year licenses were granted for Units 1 and 2 in the years 1976 and 1987, respectively. A spokesperson for FENOC stated that the situation is not urgent, as the current licenses for the two units do not expire until 2016 and 2027.

The NRC staff found numerous shortcomings in the application, which was three years in the making. The NRC staff identified sections of the application that were: overly general, lacking a basis for conclusions, inconsistent or provided insufficient explanations, lacked non-safety related structures and components scoping, inadequate information for severe accident mitigation alternatives (SAMA) analysis, lack of discussion of recent renewal review experiences, and technically incorrect information. A spokesperson for FENOC stated that revisions would be made after FENOC arranges for a new vendor to update the application.

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