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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

Sierra Pacific Resources Issues RFP for Renewable Energy

LCG, May 13, 2005--Nevada Power Company and Sierra Pacific Power Company yesterday issued a Request for Proposals (RFP) for renewable energy and/or renewable energy credits (RECs). The two companies, which are the utility subsidiaries of Sierra Pacific Resources, are seeking renewable proposals totaling about 200 MW of wind, geothermal, hydro and biomass energy, plus 70 MW of solar energy.

The RFP is in response to Nevada law that requires electric utilities to increase the use of renewable energy by two percent every other year until the renewable energy portfolio accounts for 15 percent of the total energy sales by the year 2013. Furthermore, the total for solar electricity must exceed five percent of the total renewable energy portfolio. Last year, Nevada Power was granted a waiver after failing to meet Nevada's renewable energy standards.

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