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.