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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

Xcel Expands Plans for Wind Power in Minnesota

LCG, February 2, 2007--Xcel Energy announced earlier this week its plan to construct its first wind farm in Minnesota. The wind project is estimated to cost $210 million and scheduled to be complete by 2009. The new facility would have an electric generating capacity of 100 MW.

Xcel Energy's use of wind power in Minnesota took another step forward last month when it was announced that project financing for the Fenton Wind Energy Project, a 205-MW project under construction in Minnesota, was complete and that energy from the project is to be sold to Northern States Power, a subsidiary of Xcel Energy. The power output will be purchased under a 25-year agreement. The facility includes 137 GE wind turbines, each with a capacity of 1.5 MW, and is scheduled to start commercial operations in the second half of this year. enXco, Inc. is the developer of the Fenton Wind Energy Project.
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