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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

Constellation Moves on 680 Megawatt Florida Plant

LCG, April 2, 2001A subsidiary of Constellation Energy Group Inc. said Friday it has begun site clearing for a 680 megawatt merchant power plant to be built in an industrial area close to the city of Cocoa, Fla.

The facility, called the Oleander Power Plant, will sell 80 percent of its output to the Seminole Electric Cooperative of Tampa under a seven-year arrangement which will begin late next year. The remainder of the plant's power will be sold into the Florida wholesale market.

"Building a peaking power plant to serve the Sunshine State is important because electric generation reserves in the state have declined in recent years," said Oleander project manager Richard L. Wolfinger. "The Oleander Plant will provide additional capacity to Seminole Electric Cooperative and, because it will increase electric generation reserves, it will also offer added electric reliability for Florida."

The city of Cocoa has agreed to supply enough reclaimed water to the Oleander Power Plant to meet at least 65 percent of the facility's water requirements.

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