Vistra announcement that its Moss Landing Energy Storage Facility connected to the power grid and began operating on Dec. 11, 2020. At 300 megawatts/1,200 megawatt-hours, the lithium-ion battery storage system, located on-site at Vistra’s Moss Landing Power Plant in Monterey County, California, will be the largest of its kind in the world. Furthermore, construction is […]
Vistra Joins Zero Emissions Transportation Association
In September, Vistra joined the Zero Emissions Transportation Association (ZETA), a coalition advocating for 100% electric vehicle sales by 2030. As ZETA will work in Washington to influence policy and ensure market-based approaches are considered in federal legislation around EV infrastructure deployment – not just rate-based/utility solutions. >> Read the full press release >> ZETA [...]
Vistra Accelerates Pivot to Invest in Clean Energy and Combat Climate Change
Company to break ground on nearly 1,000 megawatts of renewables and storage; announces planned retirement of entire Midwest coal fleet — Provides financial update, raises 2020 financial guidance, and announces long-term capital allocation plan from continued strong financial outlook. Read the full release here
Updated 2030/2050 Emissions Reduction Targets
Consistent with its strategic priorities, the company has accelerated its greenhouse gas emissions reduction targets. Vistra is now setting out to achieve a 60% reduction, up from 50%, in CO2 equivalent emissions by 2030 as compared to a 2010 baseline, and a long-term objective to achieve net-zero carbon emissions, up from an 80% reduction target, […]
Vistra’s 2020 Climate Report
A comprehensive review of Vistra’s climate strategy is contained in Vistra’s first Climate Report, published in accordance with the guidance set forth by the Task Force on Climate-related Financial Disclosures (TCFD). Among other topics, the Climate Report discusses various climate-related risks and opportunities that Vistra management has identified as influencing the company’s long-term strategy. Importantly, […]
Business Roundtable Report on Climate Change Solutions
The Business Roundtable, of which Vistra is a member, released a report on how corporations should lead by example on the issue of climate change and the public policies that the BRT supports to drive the innovation needed to address climate change. Report is available here: https://s3.amazonaws.com/brt.org/Business-RoundtableAddressingClimateChangeReport.September2020.pdf
Business Roundtable Supports Market Based Solutions for Climate Change
The Business Roundtable, of which Vistra is a member, announced today their support for using market based solutions, including a price on carbon, to address climate change. Their release on this announcement can be found here: https://www.businessroundtable.org/business-roundtable-market-based-solutions-best-approach-to-combat-climate-change.
Consumer Electric Choice Video
What do the words ‘fully competitive electricity market’ mean? For us, they simply mean this: Consumers get a choice. Watch our video to learn more about how competition brings value to consumers.
Vistra 2019 Sustainability Report
Vistra’s 2019 Annual Sustainability Report, adopting for the first time the Sustainable Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) frameworks and highlighting Vistra’s environmental, social, and governance (ESG) initiatives and accomplishments. See attached report for details. Link: https://www.vistracorp.com/wp-content/uploads/VST-2019-Sustainability-Report.pdf
Vistra Releases 2019 Sustainability Report
On June 5, Vistra published its 2019 Annual Sustainability Report, adopting for the first time the Sustainable Accounting Standards Board (SASB) and Global Reporting Initiative (GRI) frameworks. In addition, the report highlights Vistra’s environmental, social, and governance (ESG) initiatives and accomplishments for the 2019 reporting period. See press release below for more details. Link: https://investor.vistraenergy.com/investor-relations/news/press-release-details/2020/Vistra-Publishes-Annual-Sustainability-Report-Highlighting-with-Greater-Transparency-Its-Continued-Transformation-to-a-Cleaner-Company/default.aspx