Oct. 17 — In a press release, Curt Morgan, Vistra Energy’s president and chief executive officer, explained the “long-term economic viability of these plants has been in question for some time.” The plants are part of the Electric Reliability Council of Texas (ERCOT) market, which manages electrical power for a majority of the state. Luminant said with more renewable energy in the market and cheaper natural gas prices, their plants have struggled to remain economically competitive.

— KXAN

Subscribe To Our Newsletter

Each month, TCAP sends out an e-newsletter covering major events in Texas electricity and advances in public policy. Sign up for the newsletter and check out old newsletters to get caught up on Texas energy.

You have Successfully Subscribed!

Share This