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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

Davis Says He'll Have 5,000 New Megawatts by July

LCG, Feb. 9, 2001California Gov. Gray Davis, in a news conference held at the construction site of a 545 megawatt power plant, said yesterday he would have 5,000 megawatts of new generation on line by July of this year and another 15,000 by July of 2004.

The new power plants were only part of a package of executive orders signed by the governor yesterday. In addition to directing regulators to speed up the licensing process for new plants something he ordered last fall with little effect he directed the California Air Resources Board to set up an emissions credit scheme that would allow merchant plant operators to pay into a fund in order to keep their plants running. Money in the fund would be used to install pollution mitigation equipment.

Not everyone was happy with the orders and no one seemed to know where 5,000 megawatts could suddenly be found.

The Sierra Club warned that Davis' plans could wipe out years of work done to clean up California air. "We must ensure we have aggressive energy conservation and efficiency," said spokesman Carl Zichella. "Get the cleaner power plants on line and prevent any increase in air pollution."

The governor's 5,000 megawatts includes two plants currently under construction by Calpine Corp., will have a combined capacity of about 1,200 megawatts. Of the remaining 3,800 megawatts, it appears Davis is hoping plans by the California Energy Commission to add 2,100 megawatts of small peaking facilities will work out.

So far, one such peaker out of a total of seven remains in development. The others were cancelled because of "not in my backyard" objections, which carry great weight in California.

The remaining 1,700 megawatts is to come from upgrades to existing plants and from renewable resources.

The remaining 1,700 megawatts is to come from upgrades to existing plants and from renewable resources.

July is 140 days away.

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