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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

What Would Don Quixote Do?

LCG, February 28, 2006--The electric generating capacity from wind farms is growing at a phenomenal rate around the world. With 11,769 MW of new installed capacity from wind farms, the global capacity increased 43.3% in 2005, according to the Global Wind Energy Council (GWEC). The American Wind Energy Association (AWEA) recently announced that the U.S. added over 2,400 MW of wind turbine generating capacity in 2005.

On a global basis, the total value of new generating equipment installed exceeded $14 billion. GE Energy, one of the primary suppliers of turbines, announced yesterday that it delivered 1,346 wind turbines worldwide in 2005 and that its revenue exceeded $2 billion, representing an increase of over 200% relative to the prior year's total.

In the U.S., the development of wind generating capacity is becoming more attractive due for a number of reasons, including higher fuel and emission costs for natural gas-fired and coal-fired power plants and government policies that set renewable portfolio standards or provide financial incentives, such as the extension of the federal wind-energy production tax credit (PCT) in 2005.

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