EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

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.

Read more

Calpine and ExxonMobil Sign CO2 Transportation and Storage Agreement for CCS Project in Texas

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.

Read more

Industry News

NuScale Power and UAMPS Announce Agreements for Carbon-Free Nuclear Power Project

LCG, January 12, 2021--NuScale Power and Utah Associated Municipal Power Systems (UAMPS) announced yesterday that they have executed agreements to facilitate the development of the Carbon Free Power Project (CFPP). The project will deploy NuScale Power Modules™ at the Idaho National Laboratory (INL), with a goal of cleaner, safer and cost-effective carbon-free power for UAMPS member utilities. Pursuant to the initial orders from UAMPS, Fluor Corporation and NuScale (as a subcontractor to Fluor) are to develop higher maturity cost estimates and initial project planning work for the licensing, manufacturing and construction of the CFPP.

Last August, NuScale Power announced that the U.S. Nuclear Regulatory Commission (NRC) completed the last and final review (Phase 6) of the Design Certification Application (DCA) for the company's small modular reactor (SMR) with the issuance of the Final Safety Evaluation Report (FSER). NuScale's new SMR is a light water reactor design that features a fully factory-fabricated NuScale Power Module™ capable of generating 60 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor (PWR) technology. The scalable design can house up to 12 individual power modules at a power plant and reduces the financial commitments associated with gigawatt-sized nuclear power projects.

The new orders are the result of recently signed agreements to manage and de-risk the development of the Carbon Free Power Project. These include the Development Cost Reimbursement Agreement (DCRA) between UAMPS and NuScale, and the $1.355 billion multi-year Financial Assistance Award from the U.S. Department of Energy to CFPP LLC, a wholly-owned subsidiary of UAMPS established to develop, own and operate the CFPP.

NuScale's Chairman and Chief Executive Officer stated, "The orders between NuScale and UAMPS mark the next major step in moving forward with the commercialization of NuScale's groundbreaking small modular reactor (SMR) technology. This is the first step in a prudent deployment plan that could result in the order of NuScale Power Modules in 2022. We are appreciative of UAMPS' strong partnership and collaboration as we forge a new energy frontier together."

UAMPS and Fluor Corporation have also signed a cost-reimbursable development agreement to provide estimating, development, design and engineering services to develop the site-specific cost estimates for deployment of the NuScale technology at the INL site. Concurrently, UAMPS will continue to evaluate the size of the NuScale power plant as Fluor refines the engineering of alternatives to ensure that the plant is the best overall cost of energy and size to meet the CFPP participants' subscription needs.

UAMPS' Chief Executive Officer and General Manager stated, "The orders executed today allow for important progress in the development of the Carbon Free Power Project, and we are excited to take this next step alongside our partners NuScale Power and Fluor Corporation. We are confident that NuScale's small modular reactor will deliver affordable, stable, carbon-free energy to participating members, complementing and enabling large amounts of renewable energy in the region."
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service