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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

NRC Braces for New Nuclear Plant Applications

LCG, April 12, 2001The Nuclear Regulatory Commission is getting ready for a spate of applications from companies wanting to build new nuclear power plants in the United States, a spokesman for an industry association said yesterday.

"We do expect you may begin to see some applications to the Nuclear Regulatory Commission for early site permits perhaps as soon as next year," said Steve Kerekes, a spokesman for the Nuclear Energy Institute.

Under NRC procedures, an application can be made in two or more phases. A developer can ask the commission rule only on environmental and siting issues and not return to those matter when proceeding further into the permitting process.

While the NRC has not issued a new license since 1973, looming electricity shortages coupled with continued concern about emissions from conventional power plants have rekindled interest in the clean-running nukes.

A spokesman for the NRC said "We are taking some steps to prepare for the possibility of new applications," adding that application procedures have also been streamlined. "Before, you had to apply for a construction permit and then an operating permit, those two procedures have now been consolidated."

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