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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

DOE Selects NuScale Power for SMR Development

LCG, December 13, 2013--The Energy Department (DOE) selected NuScale Power LLC as the winner of up to $226 million in funding to support the development of small modular reactor (SMR) technology.

The funding will support the design, certification and other necessary steps to achieve commercial operation of the 45-MW NuScale Power Module small reactor design by 2025. The DOES funds will be spread over a five-year period.

Project participants include NuScale's partner Rolls-Royce, its majority owner Fluor Corp. and utility Energy Northwest. The project will be based at NuScale's testing facility in Corvallis, Oregon.

The DOE issued the Funding Opportunity Announcement (FOA) earlier this year to provide support for SMR development and accelerate design certification towards commercialization. DOE?s FOA criteria focused on innovative new technologies that improve safety by reducing natural hazards.

Energy Secretary Moniz stated, "Small modular reactors represent a new generation of safe, reliable, low-carbon nuclear energy technology and provide a strong opportunity for America to lead this emerging global industry. The Energy Department is committed to strengthening nuclear energy?s continuing important role in America's low carbon future, and new technologies like small modular reactors will help ensure our continued leadership in the safe, secure and efficient use of nuclear power worldwide."

The DOE is also supporting Babcock & Wilcox mPower, Inc. (B&W mPower) and its design, which is based upon a 180-MW, integral pressurized water reactor design that uses a fully underground containment structure.
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