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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

TEP Plans to Add New Wind Energy Project

LCG, January 18, 2018--Tucson Electric Power (TEP) plans to issue a request for proposals (RFP) today for the design and construction of new wind energy resources to provide 100-150 MW of wind energy from resources that interconnect with TEP's system or deliver power through a third-party firm transmission service.

The new wind resources are desired to support TEP's goal of delivering at least 30 percent of its power from renewable resources by 2030, which is double the state's goal for 2025. TEP plans to add 800 MW of new renewable capacity by the end of 2030, which would increase its total renewable energy portfolio to approximately 1,200 MW.

With respect to the RFP, TEP expects to contract with the successful bidder in 2018 and begin receiving power from the new wind resource in 2021. The RFP will seek proposals for both long term power-purchase agreements (PPAs) and build-transfer agreements, in which TEP would purchase the system after construction is complete. TEP also will consider proposals that include the provision of ancillary services and supporting energy storage systems. Proposed projects must have a capacity of at least 100 MW.

TEP currently has contract rights to 80 MW of operating wind power in Arizona and a 100 MW resource under development in western New Mexico.
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