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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

Springfield Citizens Vote Down New Power Plant

LCG, August 4, 2004--In an unusual set-back for a municipal power provider, voters in Springfield, Missouri yesterday voted down a new, coal-fired power plant proposed by City Utilities of Springfield (CU). The 300-MW plant was estimated to cost $578.5 million and was proposed to meet Springfield's growing demands for power, which CU officials forecast will exceed CU's supplies by 2007 or 2008.

The vote was 19,587 for and 21,073 against the plant, with all Greene County precincts reporting. Voters were deciding whether to accept a 16 percent electric rate increase spread over four years to help pay for the new, Southwest 2 plant. Door-to-door campaigning was heavy, with labor union members and the Springfield Area Chamber of Commerce supporting the plant. Opponents of the proposed plant included Rate Payers for Affordable Utilities, who questioned the need. CU was not allowed to campaign directly.

With the proposed plant rejected, CU will need to develop a new plan acceptable to its citizens to serve the growing power demands of the area.

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