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News
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LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.
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LCG, April 24, 2025--Exxon Mobil Corporation (ExxonMobil) announced yesterday an agreement with Calpine Corporation (Calpine) to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine’s Baytown Energy Center, a natural gas-fired facility located near Houston, Texas. This is part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project that is designed to add CCS for the facility’s CO2 emissions. The Calpine facility could then provide a 24/7 supply of low-carbon electricity to the Texas grid plus steam to nearby industrial facilities.
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Industry News
PSEG Files Application to Extend Zero Emission Certificates (ZECs) for New Jersey's Carbon-Free Nuclear Power Facilities
LCG, October 2, 2020--PSEG yesterday filed applications to extend Zero Emission Certificates (ZECs) for the Salem and Hope Creek nuclear power plants in Salem County in order to preserve New Jersey's largest carbon-free source of electricity and to help New Jersey achieve its clean energy goal of 100 percent carbon-free energy supply by 2050. PSEG's carbon-free nuclear plants today provide nearly 40 percent of New Jersey's energy supply and deliver more than 90 percent of all of the state's carbon-free energy.
PSEG's senior vice president for Corporate Citizenship stated, "Nuclear energy already is New Jersey's largest source of carbon-free electricity. No other energy source currently comes close. We want to continue to partner with Gov. Phil Murphy and other state leaders to ensure that New Jersey's nuclear plants are able to continue generating electricity - while producing zero carbon emissions - long into the future."
PSEG's applications seek an extension of ZECs that were established last April, when the New Jersey Board of Public Utilities (BPU) issued an order determining that PSEG's Hope Creek, Salem 1 and Salem 2 nuclear plants were eligible to receive ZECs from April 18, 2019, through May 31, 2022. PSEG now is applying for a three-year extension of the ZEC program.
Power markets have deteriorated significantly since the ZECs were approved, and the financial needs of New Jersey's nuclear plants have continued to grow, according to PSEG. Low natural gas prices, minimal electric load growth and other factors have caused nuclear plants to struggle economically across the country. Without the ZECs and Salem and Hope Creek nuclear power, fossil generation could increase significantly and cause an immediate increase in carbon emissions, as well as reduce air quality. Moreover, the nuclear generation provides fuel diversity to the region.
The Salem Nuclear Generating Station has a total capacity of 2,285 MW, with PSEG's portion 1,311 MW (and Exelon owning the remaining portion). The operating license has been renewed by the Nuclear Regulatory Commission (NRC) until 2040. The Hope Creek facility is located on the same 740-acre site and has a capacity of 1,173 MW. The Hope Creek license has been renewed until 2046.
PSEG's senior vice president for Corporate Citizenship stated, "New Jersey's ongoing support for nuclear energy is a wise investment in clean energy. At PSEG, we're committed to supporting our state and doing what is in the best interests of our customers and communities. Working together, we can ensure the state is able to produce the electricity we need to power our homes and businesses without producing the carbon emissions we don't."
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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