Profile: Vistra Energy Corp (VST)
18 Jul 2019
Vistra Energy Corp, incorporated on March 10, 2016, is a holding company. The Company operates an integrated retail and generation business in markets throughout the United States. Through its subsidiaries, it is engaged in electricity market activities, including electricity generation, wholesale energy sales and purchases, commodity risk management and retail sales of electricity to end users. It operates through segments, including Retail; Electric Reliability Council of Texas, Inc. (ERCOT); PJM Interconnection, LLC (PJM); NY/NE (comprising New York Independent System Operator (NYISO) and Independent System Operator New England (ISO-NE)); Midcontinent Independent System Operator, Inc. (MISO), and Asset Closure. Its generation fleet totals approximately 40,500 megawatt (MW) of generation capacity with a portfolio of natural gas, nuclear, coal and solar facilities.
The Retail segment is engaged in retail sales of electricity and related services to customers. Its activities are conducted by TXU Energy and Value Based Brands in Texas, Dynegy Energy Services in Massachusetts, Ohio, Illinois and Pennsylvania and Homefield Energy in Illinois. It also serves residential, municipal, commercial and industrial customers through its Homefield Energy and Dynegy Energy Services retail businesses, through which it provides retail electricity to customers in Illinois, Massachusetts, Ohio and Pennsylvania.
ERCOT is an independent system operator (ISO) that manages the flow of electricity from approximately 78,000 MW of installed capacity to Texas customers. ERCOT segment is comprised of 20 power generation facilities located in Texas. Its ERCOT fleet includes seven combined cycle gas turbine (CCGT) natural gas-fueled generation facilities, three lignite/coal-fueled generation facilities, eight natural gas-fueled peaking generation facilities, a nuclear generation facility, a solar photovoltaic power generation facility and a battery energy storage system.
PJM is a regional transmission organization (RTO) that manages the flow of electricity from approximately 178,000 MW of generation capacity to customers in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. It is comprised of 17 power generation facilities and its fleet includes eight CCGT natural gas-fueled generation facilities, three coal-fueled generation facilities and six natural gas- or oil-fueled generation facilities. Of these facilities, eight are located in Ohio, three in Pennsylvania, three in Illinois and one each in New Jersey, Virginia and West Virginia.
NY/NE (comprising NYISO and ISO-NE)
NYISO is an ISO that manages the flow of electricity from approximately 39,000 MW of generation capacity to New York customers. ISO-NE is an ISO that manages the flow of electricity from approximately 31,000 MW of installed generation capacity to customers in the states of Vermont, New Hampshire, Massachusetts, Connecticut, Rhode Island and Maine. Its NY/NE segment is comprised of eight CCGT natural gas-fueled generation facilities. Of these facilities, four are located in Massachusetts, two in Connecticut and one each in Maine and New York.
MISO is an RTO that manages the flow of electricity from approximately 200,000 MW of installed capacity to customers in all or parts of Iowa, Minnesota, North Dakota, Wisconsin, Michigan, Kentucky, Indiana, Illinois, Missouri, Arkansas, Mississippi, Texas, Louisiana, Montana, South Dakota and Manitoba, Canada. It is comprised of eight power generation facilities located in Illinois.
Vistra Energy Corp
6555 Sierra Dr
IRVING TX 75039-2479