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

Court Lifts Stay Blocking BG&E Customer Choice

LCG, July 21, 2000--Constellation Energy Group Inc. said yesterday that the Maryland Court of Appeals has lifted the stay preventing its Baltimore Gas & Electric Co. subsidiary from putting its customer choice plan into effect for electricity customers.

BG&Es restructuring plan, which includes a six-year, 6.5 percent residential rate cut for residential customers, had been scheduled to go into effect on July 1, along with plans of other utilities operating in Maryland. However, an eleventh-hour stay was granted on June 30 at the request of the Mid-Atlantic Power Supply Association, a New Jersey-based trade association claiming to represent out-of-state retail marketers.

Christian H. Poindexter, Constellations chief executive, called the courts action yesterday "a major, positive step forward." BG&E said it would put the rate cut into effect retroactive to July 1, pointing out that other Maryland utilities had made the rate cuts on that date.

Poindexter also noted that the New Jersey groups request for a stay "has now been heard -- and denied four times -- by three courts." He added that 23 of the 34 electric suppliers that have applied to the Maryland Public Service Commission to sell electricity in Maryland are from out of state.

The Court of Appeals remanded the case to the Baltimore City Circuit Court for further proceedings. Poindexter said "When the circuit court reviews the merits of MAPSA's appeal, we are optimistic the PSC order will be affirmed because it followed the Maryland Legislature's electric deregulation law by establishing a fair framework for deregulating the electricity market. It is both sound and well reasoned."

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