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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

Koreas to Survey Power Sector on Entire Peninsula

LCG, Feb. 9, 2001North and South Korea agreed yesterday on a joint survey of the electric power systems covering the entire Korean peninsula, offering additional evidence of growing rapprochement between the two nations.

North Korea, on the second day of three-day talks held in its capital city of Pyongyang, had asked South Korea to begin sending electricity north as soon as possible. The North Koreans had earlier asked to receive 500 megawatts of power from the south.

Electricity shortages plague North Korea, where many homes and business are reported to be without power in the middle of the winter. Winters in North Korea are very cold, with temperatures as low as minus 30F not uncommon.

South Korean official say it would take four years to build the necessary transmission facilities and cost more than $600 million. The time and money could be better spent, they say, repairing generating facilities in the north.

South Korea expects the survey to show that North Korea has 7,300 megawatt of installed generation, but is capable of producing only 2,000 megawatts because of maintenance problems, obsolescence and fuel shortages.

South Korea said there was a possibility that it could ship surplus coal to North Korean plants.

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