CALIFORNIA
Vistra (NYSE: VST) combines an innovative, customer-centric approach to retail with a focus on safe, reliable, and efficient power generation. Through our retail and generation subsidiaries, Vistra provides retail natural gas products to California consumers as well as providing electric generation via our two electric generation facilities and energy storage project, scheduled to go online Q4-2020.
California Overview
Operations: Generation / Wholesale
Employees: ~50
Generation Facilities:
Total: 1,185 MW current / 1,485 MW planned
Listing by Fuel Type:
Gas: 1 facility @ 1,020 (MW net capacity)
Oil: 1 facility @ 165 (MW net capacity)
Storage: 1 facility @ 300 MW (Q4-2020)
Resources
Key Third Party Organizations
- Western Power Trading Forum (member)
- California Municipal Utilities Association
- American Public Power Association
- California Water Association
- California Energy Association
- Independent Energy Producers Association
- CA Solar & Storage Association
- California Wind Energy Association: CalWEA
- Power Associations of Northern California
- Northern California Solar Energy Association
Key Issues
Competitive Markets: We believe in the power of competition to spark innovation and unleash customer benefits and value. As such, we believe that markets should be allowed to function freely with minimal oversight and regulated only to the extent needed to ensure a fair and equitable treatment of market participants and customers.
Customer Protections: We believe that customers should be protected against bad actors in the market. As such, we believe that customer protection regulations should provide relief to customers in these situations. We believe that customer protections should be structured in such a way that does not inhibit innovation, prevent fair business practices or punish good actors operating in good faith.
Limited Income & Vulnerable Group Protections: We believe that certain groups of customers may require greater assistance and/or protections than other classes. Among these are limited income, elderly, and medical critical care customers. We support public and private programs to assist these customers with their energy needs and protections to ensure they have the energy they need to prevent life-threatening conditions.
Renewable Generation: We understand that the generation methods of today will not always be the generation methods of tomorrow. We believe in pursuing economic and appropriate opportunities to integrate new generation technologies and approaches into the grid. We further believe that in competitive areas, such technologies or approaches should be backed by private investment and not subject to market distorting mandates or public subsidization.
Environment: We believe in operating our company and facilities in a clean and environmentally friendly manner. As such, we will always comply with existing environmental regulations. We further believe that any new environmental laws and regulations should be targeted, based on sound science, and that their costs be commensurate with the benefits obtained. Environmental reporting should be based on actual measured data, consolidated as much as possible and should not create an undue compliance burden.
EV & EV Infrastructure: Vistra supports the adoption of electric vehicles and the build out of EV infrastructure, including charging stations. Vistra believes that EVs and EV infrastructure are competitive products and should be provided through the competitive market. While Vistra does not support subsidization of competitive products in general, if legislative or regulatory action is taken to provide out-of-market support to EVs or EV infrastructure Vistra believes that these out-of-market actions should be targeted, time limited and done outside of utility rates.
Generation Facilities
Name | Location | Type | MW | HD | SD | CD | Market |
Moss Landing 1 & 2 | Moss Landing, CA | Gas (CCGT) | 1,020 | 29 | 17 | 20 | CAISO |
Moss Landing Storage | Moss Landing, CA | Batteries | 300 | 29 | 17 | 20 | CAISO |
Oakland | Oakland, CA | Oil | 165 | 18 | 9 | 13 | CAISO |