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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

Samsung and Siemens Sign Wind Turbine Supply Agreement for Ontario Projects

LCG, August 12, 2010--Siemens Energy and Samsung C&T Corporation announced Tuesday that they have executed an agreement for the supply of wind turbines with a total capacity of up to 600 MW. The wind turbines will be used in projects planned for Southern Ontario.

Siemens will also manufacture turbine blades at a new site in Ontario, boosting its North American production capacity. Siemens has invested in a nacelle manufacturing facility in Hutchinson, Kansas that is scheduled to commence production in December 2010.

In January, the Ontario government announced that it signed an agreement with a Korean consortium to invest C$7 billion to generate 2,500 MW of wind and solar power. The consortium, led by Samsung C&T Corporation and the Korea Electric Power Corporation (KEPCO), was to work with major partners to attract four manufacturing plants related to wind and solar technology for use in Ontario and export to the United States.
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