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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

LADWP Backlogged with Power Rebates

LCG, Feb. 15, 2002--Responses to a Los Angeles Department of Water and Power rebate program highlighted during last year's energy crisis are still being processed, the month before the program is due to end.

Steve Matsuda, a DWP assistant director said, "when we started we anticipated a good level of participation, with maybe a couple of thousand jobs for the year. Then with the energy crisis, there was a lot greater interest." The DWP received six times as many responses as it had anticipated.

The rebates, which were offered in return for customers' purchases of appliances that surpass energy efficiency standards, range from $600 to $1000. The rebates were supported and enhanced by state funding. Of 7,500 rebate applications that have been filed, 2,000 remain outstanding.

DWP's rebate offer will end in March, and may be succeeded by a different set of incentives.
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