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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

U.S. Senate to Probe California Power Problems

LCG, Jan. 24, 2001The U.S. Senate Committee on Energy and Natural Resources will hold at least one hearing next week on the electric power problems besetting California, its chairman, Sen. Frank Murkowski, said yesterday.

The Alaska Republican said the hearings would try to identify the causes of the problems and to assess the danger of their spreading to other states. The committee will deliberate over whether federal legislation can prevent recurrences or prevent the problem from spreading.

Idaho Sen. Larry Craig, also a member of the Energy Committee, said "We have got to get this thing under control."

The two senators spoke during a committee meeting to vote on the nomination of Gale Norton to be Secretary of the Interior in the Bush administration.

Yesterday, the Bush administration agreed to continue for two week emergency orders of the previous administration requiring suppliers to continue to sell electricity and natural gas to California utilities. It was made plain that there would be no further extensions.

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