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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

Georgia PSC Approves Spending on New Nuclear Units at Vogtle

LCG, August 17, 2011--Southern Company announced yesterday that the Georgia Public Service Commission (PSC) voted 5-0 to approve the spending on Vogtle Units 3 and 4 by its subsidiary, Georgia Power, for the period including July 1, 2010, through December 31, 2010. The Georgia PSC monitors construction of Vogtle Units 3 and 4 via monthly filings and semi-annual construction monitoring reports.

The $14 billion project, located near Waynesboro, Georgia, includes the construction of two 1,100-MW, AP1000 units for Georgia Power, plus co-owners Oglethorpe Power Corporation (OPC), the Municipal Electric Authority of Georgia (MEAG), and Dalton Utilities.

Southern Nuclear, another Southern Company subsidiary that operates Plant Vogtle's two existing nuclear units, is overseeing construction. Southern Nuclear is working under a Limited Work Authorization permit (since 2009) that allows for certain safety-related construction activities. Southern Nuclear will also operate the two new units.

The Vogtle project received additional good news earlier this month. First, Southern Nuclear received a schedule for the completion of the licensing process for Units 3 and 4 from the Nuclear Regulatory Commission (NRC). Second, the NRC completed its Final Safety Evaluation Report (FSER) for Units 3 and 4. Since clearing these two hurdles, Southern Company now anticipates the issuance of a Combined Construction and Operating License (COL) in early 2012. Once the COL is issued, full construction can begin, with commercial operations of the two new nuclear units expected to commence in 2016 and 2017, respectively.
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