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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 Renews Operating Licenses for Dominion's Millstone Units

LCG, November 29, 2005--The Nuclear Regulatory Commission (NRC) renewed the operating licenses for Dominion's Units 2 and 3 at the Millstone Power Station in Connecticut. The renewal adds 20 years to the operating licenses, extending the lives of Units 2 and 3 to July 31, 2035, and November 25, 2045, respectively. Unit 1, which, commenced commercial operations in 1970 and ceased operations in 1998, is in the process of being decommissioned.

The NRC conducted a review process, which included safety and environmental issues, that spanned nearly two years.

The combined electric generating capacity of the two units is approximately 2,020 MW, which is sufficient to provide for nearly half of of Connecticut's electricity needs. Dominion acquired Millstone in 2001.

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