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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

330 MW Plant To Be Built in New Jersey

LCG, Jan. 21, 2002--An affiliate of Consolidated Edison Development has contracted with Jones Lockwood Greene for engineering, procurement and construction services related to a 330-megawatt plant to be sited in Lakewood Township, New Jersey.

The plant, Ocean Peaking Power, will be a neighbor to Consolidated Edison Development's Lakewood Cogeneration facility. The facility will be developed using GE Frame 7FA gas turbine generators, and simple-cycle technology. The planned configuration is to include two generator sets, with the possibility of a third.

The project is worth $40 million, with a planned completion date of December 2002. Con Edison Development is a wholly owned subsidiary of Consolidated Edison, Inc., and is a New York City-based company that invests in energy infrastructure development projects.
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