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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

Shear Wind Pursues 1,000 MW of Wind Generation in New Brunswick

LCG, August 14, 2008--Shear Wind, Inc. (Shear Wind) announced Monday two new wind projects located in the province of New Brunswick that have a combined, potential electric generating capacity of over 1,000 MW. The targeted power markets are in New Brunswick and New England.

The two projects are Benjamin River and Mann Siding, which together cover over 100,000 acres of land. Both projects are expected to have an initial phase with a design capacity of 150 MW. Both projects are estimated to be capable of expansion to 500 MW of generating capacity.

The Mann Siding project is located in northwestern New Brunswick and has received an initial confirmation of interconnection for 150 MW. Shear Wind has submitted applications for the in-depth System Impact Study (SIS) associated with the initial phases for both projects.

Shear Wind stated that it is pursing the collection and evaluation of wind data at both sites, as well as proceeding to obtain necessary studies and permitting to allow for these sites to be development-ready by the fourth quarter of next year.

Shear Wind was founded in 2005 to develop renewable energy in Canada, and it is headquartered in Halifax, Nova Scotia. The company has a two wind projects in stages of final development: the 60-MW Glen Dhu Wind Park in Nova Scotia, and the 100-MW Glenridge Wind Park in eastern Alberta.
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