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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

ERCOT Releases Seasonal Assessment of Resource Adequacy

LCG, March 6, 2014--The Electric Reliability Council of Texas (ERCOT) yesterday released its final Seasonal Assessment of Resource Adequacy (SARA) for this spring and a preliminary outlook for this summer.

ERCOT anticipates that "tight conditions are likely" on the electric grid during the early summer months; however, the outlook improves by late summer, when over 2,100 MW of gas-fired, combined-cycle capacity is added to the grid.

ERCOT's director of System Planning stated, "While we anticipate sufficient generation for summer, conditions may become tight - potentially requiring conservation measures to protect the grid - if we see extremely high demand during the early summer, before these new units begin operating."

New gas-fired capacity is being installed at four plants: Ferguson, Panda Sherman, Panda Temple I and Deer Park Energy Center. Commercial operations are scheduled to commence by August 1, with Deer Park Energy Center scheduled to bring new capacity on-line in early July.

Panda Power Funds is building two of the new plants, and these will incorporate Siemens power island packages, including the natural gas turbines, steam turbine and waste heat recovery boilers in the 758-MW Siemens Flex-PlantTM 30 plants. Panda Power also plans to complete another combined cycle block, Temple II, and this addition is scheduled to begin operations next year.

The Lower Colorado River Authority (LCRA) is installing a combined-cycle plant at the Ferguson site to replace an older unit, which was built in 1974 and retired last year. Calpine is adding capacity at the existing Deer Park Energy Center.

ERCOT expects the peak demand for this summer to exceed 68,000 MW; ERCOT's all-time record peak of 68,305 MW occurred on August 3, 2011, during the hottest summer on record.

In early May ERCOT will release the final summer SARA, which will reflect a more thorough evaluation of the summer weather forecast and related actions that may be necessary to increase supplies, such as returning "mothballed" units to operational status for the peak season.
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