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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

Duke's IGCC Project Clears Regulatory Hurdles

LCG, January 8, 2009--Duke Energy's proposed integrated gasification combined cycle (IGCC) project yesterday received favorable rulings from the Indiana Utility Regulatory Commission (IURC). The revised cost estimate of $2.35 billion, which reflects a $365 million dollar increase, was approved by the IURC, together with a proposed study regarding carbon emission capture and sequestration.

The coal-fired, IGCC project will be built at Duke's existing Edwardsport Generating Station near Vincennes, Indiana. Once the new, 630-MW power plant is operational, the old facilities, which include coal and oil units that have a capacity of 160-MW, will be retired. Construction on the project commenced last year and is scheduled for completion in 2012.

With the IGCC design, synthetic gas created from coal is used in a gas turbine to generate electricity. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time. The gasification process offers the potential for lower cost solutions to capture and sequester CO2, which may assist in efforts to thwart global warming. Duke's study will explore capturing and storing carbon dioxide permanently in underground geologic formations.

Duke filed an application for a "Certificate of Public Convenience and Necessity" (CPCN) with the IURC to build the plant in September 2006. In November 2007, the IURC directed Duke to develop carbon capture and storage studies for the project, and Duke filed its plans in May 2008, together with the $365 million cost increase request.
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