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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
Finland's New Nuclear Reactor Delivering Power to the Grid
LCG, March 15, 2022--Finland's new nuclear reactor, Olkiluoto 3, commenced operations Saturday and began delivering power to the grid. The Finnish operator Teollisuuden Voima Oyj (TVO) stated that the 1,600-MW reactor will be gradually increased from operating at 103 MW to full capacity over a trial period of four months. Once regular electricity production is achieved, the reactor will supply approximately 14 percent of Finland's total electricity demand. Furthermore, it will significantly reduce electricity imports from Norway, Russia and Sweden.
The Olkiluoto 3 reactor is the first new reactor to be commissioned in Finland in more than 40 years. The reactor design is a third generation European-type pressurized water reactor (EPR) developed and built by a joint venture between France’s Areva and Germany’s Siemens. Finland now has five nuclear reactors at two power plants located along the Baltic Sea.
Construction began in 2005 and was originally scheduled to be completed in 2009. A number of technical and legal problems have led to the significant delays in completion and cost increases.
The Olkiluoto 3 is among western Europe's first new reactors in over ten years.
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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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