Vistra Plans To Add Up To 2,000 MW Of Gas-Fueled Dispatchable Power In ERCOT

Vistra Energy Corp. -4.10% Pre

Vistra Energy Corp.

VST

125.04

126.00

-4.10%

+0.77% Pre

 Vistra (NYSE:VST) today announced its intention to add up to 2,000 megawatts of dispatchable, natural-gas-fueled power capacity in West, Central, and North Texas.

Vistra's plan includes:

  • New gas plants – Vistra intends to build up to 860 MW of advanced simple-cycle peaker plants to be located in West Texas to support the increasing power needs of the region, including the state's growing oil and gas industry.
  • Repowering a retired coal plant – Vistra's coal-fueled Coleto Creek Power Plant near Goliad is set to retire in 2027 to comply with federal Environmental Protection Agency rules. The company intends to repower it as a gas-fueled plant, enabling up to 600 MW of additional capacity after the coal facility retires.
  • Upgrades of existing gas plants – Vistra will complete several projects at its existing gas plants that will add more than 500 MW of summer capacity and 100 MW of winter capacity.
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