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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

San Francisco Offered Peaking Turbines

LCG, DEc. 16, 2002--As part of a settlement between California and Williams Energy Cos. on multi-billion-dollar energy contracts, San Francisco has the option to finance construction of four gas turbines, which would be provided at no cost by the energy company.

The Board of Supervisors is scheduled to vote today on whether to accept the turbines, which would be delivered along with $12 million out of $147 million being paid by Williams Energy to California as part of the settlement. If the turbines operate within the city, the Department of Water Resources would purchase their output under a 10-year contract, after which the city would be able to operate the plants as it needs.

The capacity of the units, which are peaking turbines, is a total of 200 megawatts, compared to the 163-megawatt Hunters Point plant owned by PG&E. Mayor Willie Brown, environmentalists and residents within the Hunters Point district have called for Hunters Point being shut down, due to its being a source of pollution. The city receives much of its electric power from plants not on the peninsula, with transmission lines delivering power through San Mateo County. Roughly 30 percent of San Francisco's usage depends on Hunters Point and the Potrero Hill plant, owned by Mirant.

A federal deadline of Jan. 1, 2005 for new clean air standards to take effect may necessitate a retrofit of Hunters Point, if it is not shut down at that time. The turbines being proposed would reportedly produce 16 times less ozone-creating pollution than Hunters Point.
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