IRVING, Texas, Jan. 3, 2019 /PRNewswire/ — Luminant, a subsidiary of Vistra Energy (NYSE: VST), announced that its Upton 2 battery energy storage system project has finished construction and began operating on Dec. 31, 2018. The battery system, which is the largest energy storage project in Texas and seventh largest in the United States, is located […]
Pat Wood Op-Ed on Wholesale Pricing in the Texas Competitive Electric Market
Former chairman of the Public Utility Commission and of the Federal Energy Regulatory Commission pens op-ed supporting Texas’ market-based reliability solutions. Click the image for a .pdf version.
Luminant’s Upton 2 Battery Storage Project Awarded Million-Dollar Grant from the State of Texas
IRVING, Texas, Oct. 30, 2018 /PRNewswire/ — Luminant, a subsidiary of Vistra Energy (NYSE: VST), today announced that it has been awarded a $1 million grant from the Texas Commission on Environmental Quality for its Upton 2 battery energy storage system project. The New Technology Implementation Grant program is a part of the Texas Emissions Reduction […]
Luminant to Close 51-Megawatt Power Facility in PJM Electric Market
IRVING, Texas, Aug. 24, 2018 /PRNewswire/ — Luminant, a subsidiary of Vistra Energy (NYSE: VST), today announced that it filed a notice of suspension of operations with PJM and other mandatory regulatory notifications related to the retirement of its 51-megawatt waste coal facility, Northeastern Power Company, in McAdoo, Pennsylvania, due to its uneconomic operations and negative […]
Luminant Closes Two Texas Power Plants
Luminant, a subsidiary of Vistra Energy (NYSE: VST), announced that it will close two coal-fueled power plants in Central Texas: its two-unit Sandow Power Plant in Milam County and its two-unit Big Brown Power Plant in Freestone County. In total, approximately 2,300 MW of nameplate power will be taken offline in early 2018. See press […]
Luminant Announces Decision to Retire Its Monticello Power Plant
On October 6, 2017, Luminant, a subsidiary of Vistra Energy (NYSE: VST), announced plans to retire its Monticello Power Plant in Titus County, Texas. In total, approximately 1,800 MW of power will be taken offline in January of 2018. See attached press release for more information.
Vistra Energy Announces Agreement to Acquire 1,054 MW CCGT Plant in Odessa, Texas
Vistra Energy announced this morning it has entered into an agreement to acquire a 1,054 MW combined cycle, combustion turbine power plant located in Odessa. In addition to expanding Luminant’s fleet of diverse resources and the company’s presence in ERCOT, the Odessa plant allows the company to take advantage of current natural gas prices in […]
VISTRA ENERGY REPORTS FIRST QUARTER 2017 RESULTS
Vistra Energy (NYSE: VST), the parent company for TXU Energy and Luminant, today reported first quarter 2017 net income of $78 million and cash provided by operating activities of $141 million. Adjusted EBITDA for the first quarter 2017 was $276 million and adjusted free cash flow was $(48) million.Vistra Energy reports Q1’17 results. Full earnings […]
Vistra Energy Acquires Solar Development Project, Strengthens Integrated Business Model
Vistra Energy (NYSE: VST), the parent company for TXU Energy and Luminant, announced the purchase of the Upton County Solar 2 development project in West Texas. The purchase delivers on the company’s strategic plan to further strengthen and expand its integrated businesses through enhanced retail solar offerings and diversity across its generation fleet.
When Neighbors Ask: Comanche Peak Area Tax Payments
A one-page document answering questions about recent tax payments for our Comanche Peak plant and the Somervell Count Hospital District budgeting issues.