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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

PG&E Unit Begins Building Big Arizona Power Plant

LCG, May 22, 2001PG&E Corp.'s National Energy Group, an affiliate of bankrupt California utility Pacific Gas & Electric Co., began construction yesterday of a 1,048 megawatt natural gas-fueled, combined cycle merchant power plant on a site 70 miles west of Phoenix, Ariz.

The Harquahala Generating Plant is scheduled to begin commercial operation in mid-2003. According to the National Energy Group, the plant will provide 35 full-time jobs when completed and will spend between $6 million and $7 million annually on local purchases. The facility will also generate more than $10 million a year in local property taxes.

Among those present at a ground breaking ceremony were Maricopa County Supervisor Mary Rose Wilcox and Arizona Corporation Commissioners Jim Irvin and Marc Spitzer. Tom Boren, chief executive of the national Energy Group, presented Wilcox with the first of 11 checks for $50,000 to the Harquahala Generating Community Fund.

Wilcox, in turn, said she was confident that the company would be careful about the environment "in the spirit of good corporate citizenship."

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