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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

Montana Power Gets Farther Away from Power

LCG, June 26, 2001Montana Power Co. said this morning it has arranged to buy out the remaining term of a power supply contract with an industrial customer, removing the former electric utility's exposure to uncertain future energy prices.

The agreement involves a one-time payment by Montana Power of $62.5 million to Advanced Silicon Materials LLC and ends, as of June 30, the power supply contract that was in effect until the end of next year.

Montana Power will soon be entirely out of the power business and will be a telephone company called Touchamerica, or maybe Touch America.

Bob Gannon, Montana Power's chief executive, said "This action terminates a legacy industrial energy-supply obligation on generally favorable terms, and the contract has been removed from our agreement with North Western Corp., the buyer of our utility business."

"We have enjoyed a good working relationship with Montana Power," said Advanced Silicon's Mike Kerschen. "They were an excellent partner, and we are happy to support their need to transition away from energy to telecommunications."

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