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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

Santee Cooper Suspends Development of Coal-fired Power Plant in South Carolina

LCG, August 25, 2009--The board of Santee Cooper, South Carolina's state-owned electric and water utility, yesterday voted unanimously to suspend efforts to construct a 600-MW, coal-fired electric generating station in Florence County, South Carolina.

Santee Cooper identified three, primary reasons for discontinuing its efforts towards building the Pee Dee Energy Campus. First, the recession has reduced overall demand for electricity. Second, proposed federal government regulations regarding carbon emissions would significantly increase the operating costs of the coal-fired power plant. Third, Central Electric Power Cooperative, Santee Cooper's largest customer, plans to gradually reduce its reliance on using power supplied by Santee Cooper beginning in 2013.

The Pee Dee Energy Campus was scheduled to commence operations in 2012.
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