Vistra
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Trends
Vistra to Acquire 2.6 GW Gas Fleet for $1.9B, Citing Surging U.S. Power Demand
Vistra Corp. has agreed to acquire seven natural gas power plants totaling 2,557 MW from Lotus Infrastructure Partners for $1.9 billion, as part of a strategy to meet surging U.S. electricity demand and expand its competitive generation portfolio. The deal, announced on May 15, is valued at approximately $743 per kilowatt and includes five combined […]
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Gas
Filings Support 41 GW of New Gas-Fired Generation Across Texas
Texas’ plan to add more natural gas-fired power generation capacity, supported by money from a newly created energy fund, received a boost when several companies announced their intention to file applications to build new facilities under the program. Vistra on May 30 said it plans to add as much as 2 GW of gas-fired generation […]
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Press Releases
Burns & McDonnell Completes Construction of 65-MWdc Solar Project for Vistra
KANSAS CITY, Missouri — Burns & McDonnell recently completed construction of a 65-MWdc/50-MWac solar project at Vistra’s Brightside Solar Facility in Live Oak County, Texas. The project peaked with over 250 craft construction professionals on-site and was completed with zero safety recordables or lost time incidents. The site utilizes 440-watt First Solar thin-film modules in conjunction with […]
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News
Vistra Adding More Storage to Moss Landing, World’s Largest BESS
The Moss Landing Energy Storage Facility in California, already the largest utility-scale battery storage development in the world, is adding more capacity. Vistra, the Texas-based energy company that lists Luminant, TXU Energy, and Dynegy among its subsidiaries, on Jan. 24 said it would further expand Moss Landing, adding a new 350-MW/1,400-MWh battery energy storage system […]
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Legal & Regulatory
Pipeline Company Shifts Ultimatum in Vistra Natural Gas Supply Dispute
Energy Transfer, a major pipeline firm that threatened to terminate natural gas service to five Vistra Corp. gas-fired power plants in Texas next week as part of a $21.3 million penalty payment standoff, has relaxed its ultimatum, though the underlying dispute continues. In a letter filed with the Texas Railroad Commission late on Jan. 20, […]
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Gas
Vistra Claims ‘Extortion’ by Pipeline Company, Says Natural Gas Supply to Texas Power Plants Threatened
Two Vistra Corp. subsidiaries have alleged in a complaint filed with the Texas Railroad Commission that a major pipeline firm has threatened to terminate natural gas service to five Texas gas-fired power plants—a combined 2 GW—“at any time” after Jan. 23. If escalated, the issue could pose new hurdles for the state’s electricity security as […]
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Energy Storage
Moss Landing Battery Project Offline After Overheating
The first phase of the battery storage project at the Moss Landing complex in California was taken offline after an overheating issue caused some parts of the installation to be damaged. Vistra said the incident happened late on Sept. 4. Fire crews responded to the site, and though no fire was found, officials said battery […]
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News
Vistra Finishes Second Phase of California Energy Storage Project
Vistra, the Texas-based integrated retail electricity and power generation company, said it has completed the second phase of its Moss Landing Energy Storage Facility expansion project in California. The group on Aug. 19 announced it has added 100 MW/400 MWh to what at present is the world’s largest battery energy storage facility. “This facility provides […]
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Coal
Vistra Backs Illinois Transition Measure to Keep At-Risk Coal Plants Online Through 2025
Bleeding financially from underperforming and legally burdened coal generation in downstate Illinois and elsewhere, Vistra, the nation’s largest competitive generator, has renewed its call for passage of the Illinois Coal to Solar and Energy Storage Act, a bill that could help keep 2.2 GW of existing at-risk capacity online through 2025 while the state expands […]
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News
Vistra Shuttering More Coal, Adding Solar and Storage
Vistra has announced seven new renewable energy projects that will add about 1,000 MW of solar and energy storage to the company’s generation fleet. The company also said it would retire its coal-fired power plants in Illinois and Ohio as part of an effort to reduce carbon emissions as it established new long-term emissions reduction […]
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News
Need for Resilience Supports Energy Storage
Independent power producer Neoen Australia said an expansion of the world’s largest lithium-ion battery system has completed its network connection, bringing the Tesla-supported Hornsdale Power Reserve, adjacent to a wind farm in South Australia, to a rated size of 150 MW/193.5 MWh. It’s the latest in a series of projects being developed worldwide to add […]
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News
Vistra Will Close Another Illinois Coal Plant
A Vistra Energy subsidiary on Sept. 16 said it will close the nearly 60-year-old E.D. Edwards coal-fired plant in Bartonville, Illinois, by year-end 2022 under a settlement between the company and environmental groups the Sierra Club, the Natural Resources Defense Council, and the Respiratory Health Association. The groups made a joint announcement Monday of the […]
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News
Vistra May Close 2 GW of Illinois Coal Power By Year’s End
Vistra Energy will shutter four coal-fired power plants—a total 2 GW—as required by Illinois’ recently revised Multi-Pollutant Standard (MPS) rule, but CEO Curtis Morgan noted the move was “inevitable” due to the changing regulatory environment and unfavorable economic conditions in the MISO market. The company on Aug. 21 said it will close the 54-year-old 915-MW […]
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News
Nuclear Subsidy Dispute Now Rests with FERC, Competitive Generators Say
The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC). The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]
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News
ERCOT Warns of Intensified Summer Supply Crunch (UPDATED)
Grappling with a historically low planning reserve margin of 7.4%, owing to a mass of coal plant closures, the Electric Reliability Council of Texas (ERCOT) is forecasting record electric use this summer and warns it could issue energy alerts at “various times.” ERCOT said its March 5–released final Seasonal Assessment of Resource Adequacy (SARA) for […]
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Press Releases
FlexGen Awarded Contract for ESS at Upton 2 Solar Power Plant
Vistra Energy, headquartered in Irving, Texas, has awarded a contract to FlexGen to design and integrate a 10-MW/42-MWh FlexGen energy storage system (ESS) at Upton 2 Solar Power Plant in Upton County, Texas. At 180 MW, Upton 2 is Texas’ largest operating solar facility. The Upton 2 plant consists of 718,000 photovoltaic solar panels. The lithium-ion energy storage project at […]
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Coal
Dynegy Will Merge with Vistra Energy to Beat Market Volatility
To strengthen balance sheets and thwart market woes afflicting generators in competitive markets, Dynegy Inc. and Vistra Energy will merge, creating a company that is projected to have a value greater than $20 billion. Dynegy, which operates a power plant fleet of 27 GW, will merge into Vistra Energy, the parent company of TXU Energy […]
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Coal
Vistra Closing Two More Giant Uneconomic Coal Plants in Texas
Vistra Energy moved to halt a financial hemorrhage stemming from unprofitable conditions in the Electric Reliability Council of Texas (ERCOT), announcing plans to shutter two more coal-fired power plants—the 1.1-GW Sandow Power Plant (which includes a 2009-built unit) and the 1.2-GW Big Brown plant—in early 2018. The company’s decision made public on October 13 comes on […]
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Renewables
Monticello Goes Under, More Coal and Nuclear Imperiled in Texas (Updated)
A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price environment” will force it to retire a 1.9-GW coal-fired power plant operating in the Texas market. The plant’s economic woes suggest a larger swath of […]