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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

Mexico to Cut Subsidies to Residential Power Users

LCG, Jan. 31, 2002--Subsidies to Mexico's residential users of electricity will be cut in order to make infrastructure maintenance and upgrades, two senior cabinet members announced this week.

The subsidies have increased from $1 billion in 1995 to $3.5 billion in 2001. Treasury Secretary Francisco Gil Diaz stated that without the cutback of $1 billion, the total would have continued to rise. The change will affect the roughly 30 percent of consumers who use more than 125 kilowatts per month.

Representatives of business have said that the utility should increase efficiency instead, and analysts speculated that inflation would increase.

Some consumers, such as Francisco Rodriguez, a civil engineer who is not currently working, said that the government should crack down on vendors and shantytown dwellers who illegally obtain electricity by siphoning it directly from the lines. A vendor said that although he does pay for electricity, his payments do not go the company.
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