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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

UniStar Nuclear Energy Selects Nine Mile Point for Another New Reactor

LCG, February 14, 2008--UniStar Nuclear Energy, a joint venture between Constellation Energy and the EDF Group, Tuesday announced that it has selected Constellation's existing Nine Mile Point nuclear power plant in New York as the site to build another nuclear reactor. UniStar plans to submit a combined operating and construction license (COL) for the reactor to the Nuclear Regulatory Commission (NRC) in late 2008.

The Nine Mile Point nuclear power plant is approximately five miles northeast of Oswego. The existing facility includes two reactors with a total capacity of 1,756 MW.

The new reactor adds to Unistar's effort to develop a fleet of nuclear reactors using AREVA's U.S. Evolutionary Power Reactor (U.S. EPR) design, which is a Generation III+ design based upon AREVA's 1,600-MW, European EPR now being deployed in Europe. In December, AREVA filed its design certification application for the U.S. EPR with the NRC. AREVA expects the Design Certification application will be validated by 2010, which would enable a U.S. EPR reactor to be licensed and ready for operation as early as 2015.

Unistar announced last week that it has engaged an AREVA-Bechtel Power consortium to develop the detailed design engineering for UniStar's proposed fleet of advanced nuclear power plants in the United States.

Unistar is using the U.S. EPR design in its plans to construct a nuclear reactor at Constellation Energy's existing Calvert Cliffs Nuclear Power Plant in Lusby, Maryland. Last July Unistar filed the environmental report portion of a COL application with the NRC to build the reactor, and Unistar plans to submit the remainder of the application in early 2008.

In December 2007, PPL Corporation announced that it contracted with Unistar to prepare a COL application with one of its subsidiaries to submit to the NRC for approval to build and operate a nuclear reactor using AREVA's U.S. EPR design near the Susquehanna nuclear power plant in Pennsylvania. The application will be submitted by the end of 2008.

Unistar stated that its decision to construct the reactor at Nine Mile Point is dependent upon a number of factors, such as economic developments and the size of federal loan guarantees for new nuclear plant development.
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