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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

Nova Scotia Power to Purchase Electricity from Amherst Wind Project

LCG, August 19, 2005--Nova Scotia Power (NSPI) announced that it has executed a 15-year agreement to purchase power from the Amherst Wind Energy Project, located on the Tantramar Marsh along the border between Nova Scotia and New Brunswick. The project is scheduled to commence operations in 2007.

The 31-MW project, with an estimated cost of $60 million, is a joint venture between Wind Dynamics Inc. of New Brunswick and EHN Windpower Canada, a wholly owned subsidiary of the Spanish conglomerate Acciona.

Over the past 16 months, NSPI has awarded contracts with independent power producers for 100 MW of wind power.

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