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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

Peabody Energy Signs Customers for Midwest Plant

LCG, July 20, 2004--A number of Midwest rural electric cooperatives and municipal agencies, including Indiana Municipal Power Agency, the Missouri Joint Municipal Electric Utility Commission, and Wolverine Power Supply Cooperative in Michigan, have executed a letter of intent with Peabody Energy to acquire partial interest in the Prairie State Energy Campus in Washington County, Illinois.

The agreement calls for the group to own about one-third of the 1,500 MW project, which includes coal reserves, a generating plant and output. The project is one of two, similar coal projects that Peabody Energy is currently developing in the Midwest. Peabody hopes to start construction next year and commence operations in 2008 or 2009.

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