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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

Upgrade Update: ComEd Cuts Outages by 19 Percent

LCG, Sept. 15, 2000Commonwealth Edison Co., the big Chicago utility that suffered so many power outages last summer that the mayor of the Windy City ordered it to get its system in shape or lose its franchise, reported yesterday that the number of outages per customer this summer was down 19 percent from the same time last year, while the average duration of outages per customer declined by 25 percent.

"I'm sure a part of that is fortune," said John W. Rowe, chairman and chief executive of ComEd, noting "we did benefit from relatively cool temperatures." He added that "A great deal of it is hard work, unpleasant management decisions, and very heavy expenditures of money."

As a result of edicts issued by Chicago Mayor Richard M. Daley last summer, ComEd embarked on a $1.5 billion upgrade of its distribution system. That budget has swelled to $1.9 billion as more problems than anticipated were discovered.

Rowe told reporters "We have made substantial progress in every area this year. However, we still have a long way to go to improve reliability and regain the confidence of our customers. We are only at the halfway mark of our improvement plan, and we will continue to work at a fast pace."

Shortly after ComEd announced all the improvements, a fire broke out in one of its underground vaults, where cables connect to wires that serve customers. Power was cut off to several businesses in Chicago's downtown Loop area.

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