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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

Aussie Plant Breakdowns Squeeze Victoria

LCG, Jan. 3, 2002--Equipment failures at the Loy Yang A and Yallourn power plants in the Australian state of Victoria last weekend have raised fears of looming blackouts or rationing, the Melbourne Herald Sun reported this morning

The threat comes as southeast Australia heads into its hottest part of summer, with predictions of all-time highs for power demand.

Victorian Energy Minister Candy Broad pooh-poohed the talk of rationing, saying there was no immediate threat to the state's power supply. But industry sources warned a string of weekday temperatures topping 95F, after industries returned from the holiday break on Monday, would stretch supplies.

"Demand is highly vulnerable to change in temperature," said National Electricity Market Management Company spokesman Paul Price.

One unit at Loy Yang is expected to be out of action until late March, but operators at Yallourn remain confident they can repair its damaged unit by January 20. But to compound problems, Loy Yang plans to shut another unit for six days of urgent maintenance from January 12.

The Victorian government has warned some of the largest power users of possible rationing. Some, including Alcoa's aluminum smelters at Point Henry and Portland, and BHP Billiton's Western Port plant, say they are ready to wind back demand if asked by the government.

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