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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

NRC Accepts Nuclear Design Application from AREVA for Review

LCG, February 27, 2008--The Nuclear Regulatory Commission (NRC) yesterday accepted for review an application from AREVA to certify its U.S. Evolutionary Power Reactor (EPR) design. The EPR is a Generation III+ design based upon AREVA's 1,600-MW, European EPR that is now being deployed in Europe.

Areva filed its application to certify the design on December 11, 2007. The NRC will conduct a technical review and will issue a Safety Evaluation Report after all technical and safety questions are addressed. The NRC may then certify the design with an agency rulemaking. The NRC?s Office of New Reactors expects the review work will continue at least into 2011.

Earlier this month, UniStar Nuclear Energy, a joint venture between Constellation Energy and the EDF Group, announced that it had engaged an AREVA-Bechtel Power consortium to start developing the detailed design engineering for UniStar's proposed fleet of advanced nuclear power plants in the United States that would use AREVA's U.S. EPR design.

UniStar's targeted sites, include Constellation Energy's existing Calvert Cliffs Nuclear Power Plant in Lusby, Maryland. In July 2007 Unistar filed the environmental report portion of a combined construction and operating license (COL) application with the NRC to build the reactor, and Unistar plans to submit the remainder of the application in early 2008.

In December 2007, PPL Corporation announced that it contracted with Unistar to prepare a COL application with one of its subsidiaries to submit to the NRC for approval to build and operate a nuclear reactor using AREVA's U.S. EPR design at a site near the Susquehanna nuclear power plant in Pennsylvania. The application will be submitted by the end of 2008.
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