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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 Progress Energy's Brunswick Nuclear Units

LCG, June 28, 2006--The Nuclear Regulatory Commission (NRC) announced on June 26, 2006 that it has renewed the operating licenses for Progress Energy's Units 1 and 2 at the Brunswick Nuclear Plant, located south of Wilmington, North Carolina, at the mouth of the Cape Fear River. The renewal adds 20 years to the operating licenses, and the operating lives of Units 1 and 2 will now extend to September 8, 2036, and December 27, 2034, respectively. With the license renewals for Units 1 and 2, the NRC has now renewed a total of 44 nuclear reactor units.

The license renewal application was submitted on October 18, 2004. The NRC concluded that were no environmental impacts that would preclude renewal of the licenses for environmental reasons. The staff's review of the plant safety systems determined that there were no safety concerns that would preclude license renewal, as the licensee had demonstrated effectively the capability to manage the effects of plant aging. In addition, the Advisory Committee on Reactor Safeguards, which is an independent body of technical experts which advises the NRC, issued its recommendation that the operating licenses for Brunswick be renewed.

The two nuclear units at Brunswick Nuclear Plant have a combined electric generating capacity of 1,875 MW. An additional 244 MW of capacity was added to the plant's output from 2002 to 2005 as part of an extended power uprate program that upgraded much of the plant's equipment. The plant is owned jointly by Progress Energy (81.67 percent) and the North Carolina Eastern Municipal Power Agency (18.33 percent).

The operating license extension provides a significant block of future, emission-free power to meet the growing electric load in the Southeast.
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