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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

U.S. Renewables Conference set for California

LCG, Nov. 1, 2001--Interior Secretary Gale Norton and Energy Secretary Spencer Abraham will host a conference in Pomona, Calif., November 29 on the future development of solar, geothermal wind and biomass on public land.

The idea for the conference, which is expected to attract armies of renewable energy experts, came from a recommendation by Vice President Dick Cheney in his May National Energy Policy report that federal agencies re-evaluate the potential for energy development on federal property.

"President Bush's national energy plan promotes conservation, diversifies our energy supply and increases the variety of fuel sources we use -- all keys to reduce our dependence on a single type of fuel," Norton said. "We need coal, oil and natural gas, but we also need wind, solar, geothermal and biomass power."

The conference will be held at the Los Angeles County Fair Complex, and the site selection was a disappointment to Nevada lawmakers who had hoped the summit would be held somewhere in Nevada. The Department of the Interior is landlord to 83 percent of Nevada's land, but Norton has yet to visit the state.

"Certainly, I'm disappointed the summit is not in Nevada," said Sen. John Ensign, R-Nev., who along with Sen. Harry Reid, D-Nev., asked Norton to host the summit in the state. Reid was less disappointed. "I don't care where the conference is held," he said. "California has potential, too."

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