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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

PSEG Global Invests in Poland's Energy Privatization

LCG, Jan. 24, 2002--Negotiations between PSEG Global and Polish officials will result in the U.S. company's purchase of a 35 percent interest in the coal-fired Skawina CHP plant, in southern Poland.

The deal also includes provisions for PSEG Global to acquire additional shares at closing, which will give it a majority interest in the combined heat and power plant, rated at 590 megawatts for electricity and 618 megawatts for heat. Three distribution companies will utilize the electricity produced, while Krakow will purchase most of the heat.

PSEG is already constructing a CHP plant in Chorzow, Upper Silesia, west of Skawina, Upper Silesia is Poland's most industrialized region. (The Upper and Lower provinces of Silesia are so named based on the area's main river, the Oder.) The Chorzow facility will replace Poland's longest-lived heat and power generator, Elektrownia Chorzow.

Matthew McGrath, vice president and general counsel of PSEG Global, said, "by increasing staff in Poland and reducing staff in London and Italy, PSEG Global has realigned the organization to more effectively pursue opportunities the company is better able to compete for."
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