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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

Immediate Restart on Taiwan Nuke Construction

LCG, Feb. 14, 2001The Taiwan cabinet said this morning that construction on the island nation's fourth nuclear power plant will resume immediately, ending three month's of political stalemate.

Premier Chang Chun-hsiung, the number three ranking political official in the Republic of China, said "To me this is a bitter decision and unavoidable responsibility." He pointed out that his Democratic Progressive Party was in a minority in parliament with just 66 seats in the 220-member legislature, which is controlled by the rival Nationalist Party.

The $5.4 billion (U.S.), 2,700 megawatt nuclear power plant was a third complete when the DPP government ordered construction halted last October. President Chen Shui-bian had been elected almost a year ago on an anti-nuclear platform and the restart of construction is his first major political defeat.

The resumption of construction does not mean the nuclear power controversy is over. The DPP said it would support a nationwide anti-nuke protest planned for February 24 and would encourage its members to take part.

The power plant is backed by the Nationalists and by Taiwan's business community because of the possibility of future power shortages. The Nationalist Party, heir to the Kuomintang of Chiang Kai-shek, had held power for more than 50 years until elections last March returned the DPP's Chen. Now, the Nationalist may use this defeat to mount an effort to unseat the new President.

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