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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

Belfast Approves Power Plant Ties with Dublin

LCG, Aug. 18, 2000--The electricity regulator of Northern Ireland has approved plans under which a 150 million natural gas-fired power plant would be built in Ulster by a joint venture including the Republic of Irelands state-owned Electricity Supply Board.

The 400 megawatt plant will be built by a joint venture between the ESB and British Gas at a cost of about $225 million (U.S.) at the site of an existing oil-fired plant in the town of Coolkeeragh near Londonderry -- or Derry, if you live in the Republic.

With the plant as an anchor customer, British Gas would find it feasible to build a natural gas pipeline connecting northeastern Ireland with Scotland. The new pipeline, in turn, would permit natural gas service to about 80,000 new customers in Northern Ireland.

The ESB-BG joint venture is called Coolkeeragh Group Ltd. Its proposal was chosen by Northern Irelands power regulator Douglas McIldoon in competition with alternative proposals from PowerGen and Viridian.

The ESB said about 350 construction workers would be required to build the plant, which would provide 40 full time employees once completed.

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