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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

Prairie State Energy Campus Gains New Developer

LCG, October 12, 2006--CMS Enterprises, a subsidiary of CMS Energy, announced yesterday that it has signed agreements with Peabody Energy to co-develop the Prairie State Energy Campus. The proposed electric generating station is located in Washington County, Illinois and is adjacent to the new Lively Grove Mine, which would supply low-cost coal directly to the plant. The plant is to include two, 800-MW units and is estimated to cost over $2.5 billion.

With the new agreements, CMS Enterprises and Peabody Energy will co-develop the project and each own 15 percent through a jointly owned limited liability company. CMS Enterprises will serve as lead developer and construction manager of the power plant, and Peabody Energy will serve as the lead developer of the Lively Grove Mine.

Peabody Energy also announced yesterday that it has entered into agreements with the Kentucky Municipal Power Agency (KMPA), the Missouri Joint Municipal
Electric Utility Commission (MJMEUC) and the Soyland Power Cooperative in
Illinois for the right to purchase an additional 6 percent equity share of
the Prairie State Energy Campus.

According to Peabody Energy, the agreements now give the project's partners the right to purchase a 53 percent equity ownership in the project. The agreements allow the cities of Columbia, Missouri; Princeton, Kentucky; and
Paducah, Kentucky and the rural members of Soyland to obtain electricity from the facilities. Other partners include the Indiana Municipal Power Agency (IMPA), Northern Illinois Municipal Power Agency and Wolverine Power Supply Cooperative.

The major permits necessary for construction of the Prairie State facility have been received, according to Peabody Energy.
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