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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

Pacific Northwest Faces 'Worst Ever' Water Year

LCG, March 6, 2001Washington Gov. Gary Locke is expected to hold a news conference today to stress the need to conserve energy in the face of a "worst ever" water year and, at the same time, give a pat on the back to four utilities that have added 1,500 megawatts of new electric generation.

There are lots of rivers in the Pacific Northwest, but when comparing one year with another people look at the big Columbia, which drains the entire region into the Pacific. In an ordinary bad year, about 60 million acre feet of water will flow past a dam near The Dalles, about 80 miles east of Portland, Ore., between January 1 and July 31. In the worst ever year, 1977, 53.8 million acre feet went by, and this year could be worse.

"It's the worst of the worst," Bonneville Power Administration spokesman Mike Hansen said yesterday.

And, according to the Northwest Power Planning Council, if the region continues to bask in unaccustomed sunshine, electric generation will be not much more than two thirds of normal.

Water levels in the impoundments behind Pacific Northwest dams which represent future electricity are at record lows partly as a result of federally mandated power sales to California.

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