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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

1,271 Office Workers to Lose Jobs in Entergy-FPL Deal

LCG, Nov. 15, 2000--The merger between Entergy Corp. and FPL Group Inc. will cost 1,271 office workers their jobs in New Orleans and Juno Beach, Fla., according to a filing with the Arkansas Public Service Commission.

Details of the merger were filed with Arkansas regulators because Entergy's Entergy-Arkansas unit is that state's largest electric utility. The two companies announced the $7 billion combination on July 31.

Entergy spokeswoman Yolanda Pollard explained yesterday that the job cuts will come at each of the two companies head offices. "These are corporate administrative and technical support areas," she said. "This will eliminate redundant positions between the two headquarters."

The filings said the job cuts will save the new company about $1.12 billion over the next 10 years. Most of the layoffs will occur shortly after the merger becomes final. The companies expect to close the transaction late next year.

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