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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 to Suspend Application to NRC for New Nuclear Reactors in North Carolina

LCG, May 3, 2013--Duke Energy yesterday notified the Nuclear Regulatory Commission (NRC) that it plans to suspend its combined construction and operating license (COL) application to build two nuclear units at its Harris site in Wake County, North Carolina.
Duke Energy executive vice president and president of Duke Energy Nuclear stated, "Duke uses an integrated resource planning approach to ensure that it reliably and economically forecasts and plans resources to meet the electricity needs of its customers well into the future. Our most recent forecast indicates two additional nuclear units at Harris will not be needed in the next 15 years."

In February 2008, Progress Energy Carolinas (which has since merged with Duke) submitted its COL application to add two Westinghouse Advanced Passive 1000 (AP1000) Pressurized Water Reactors (PWR) at the site, where one 900-MW reactor has been operating since 1987. In 2008, Progress stated that the application would provide the option to construct the nuclear reactors to provide baseload, power generation without emitting greenhouse gases.

Duke Energy plans to continue to pursue its applications with the NRC to construct two AP1000 reactors at the Lee site in Gaffney, South Carolina and to construct two AP1000 reactors at the Levy site in Levy County, Florida.

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