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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

Illinois Drives Solar Investment with New Legislation and Grants

LCG, August 20, 2010--Illinois Governor Pat Quinn approved legislation Tuesday that will accelerate solar carve-out targets for utilities and reduce red tape for homeowners that wish to install solar energy systems at their homes.

Governor Quinn stated, "Solar energy is the wave of the future, and it is important that our public utilities and homeowners are able to more easily increase their use of solar energy....We must do everything we can to increase our use of solar energy, which will help us protect natural resources and reduce our reliance on traditional energy sources, such as foreign oil."

House Bill 6202 amends the Illinois Power Agency Act and the Public Utilities Act accelerates the date from 2015 to June 1, 2012 for Ameren and Commonwealth Edison to purchase 0.5 percent of their power specifically from solar power generation sources. The requirement increases to 1.5 percent by June 1, 2013; 3 percent by June 1, 2014; and 6 percent by June 1, 2015, and each year thereafter.

Existing laws require investor-owned utilities (IOUs) in Illinois to supply at least 7% of retail electricity from renewables by 2012, with the renewable resources to grow to 25% by 2025. The carve-out requirement for wind is 75% of the renewable resources.

In addition to House Bill 6202, Governor Quinn signed the Homeowners' Solar Energy Act, which enables individual homeowners to install solar panels on their homes without undue interference from homeowner's associations.

The governor also announced a $4 million stimulus grant to support the Rockford Photovoltaic (PV) Solar Project, which will be installed at the the new solar PV panel manufacturing facility of Wanxiang America Corporation in Rockford, Illinois. The facility also received $2 million in state support back in 2009.
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