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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

Taiwan Premier Will Quit if 4th Nuke Not Approved

LCG, Sept. 18, 2000Premier Tang Fei of the Republic of China said this morning that he strongly favors completion of Taiwan's fourth nuclear power plant and would resign if the project is scrapped.

Tang told legislators that he was not yet in a position to make a decision on whether to complete the plant and was expressing his personal views when he said the facility should be finished. He noted that the Economics Ministry and other government agencies have not yet issued their reports.

The premier said completing the plant made economic sense and was important to the continued economic development of Taiwan.

Though Tang will make the final decision of whether to complete the plant, he said he would resign if President Chen Shui-bian and the ruling Democratic Progressive Party did not agree with his position.

Chen has opposed the completion of the plant but said on Saturday that he would respect the conclusions of an expert commission evaluating the project under the auspices of the Economics Ministry.

Economics Minister Lin Hsin-i said that the plant, which is about a third complete, would cost around $3 billion if it was scrapped. About half of that could be recovered, he said, by selling the two reactors to Japan and using the fuel which has been contracted for at Taiwan's other nuclear power plants.

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