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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

UK Reveals Tidal Power Prototype

LCG, June 18, 2002--United Kingdom Energy Minister Brian Wilson presented a new electricity generator which uses the power of ocean tides.

The "Stingray" uses the kinetic energy from moving ocean water and transforms it into electricity by way of a hydraulic motor.

Engineering Business Ltd., which is developing the project, will move the prototype generator out to a seabed near Shetland. The company plans to build several similar generators if the Stingray is successful.

The British government gave GBP1.1 million to the project as part of an attempt to create a GPB1 billion renewable energy market within the next 8 years.

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