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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
EdF's London Electricity Buys PowerGen Plant
LCG, Oct. 16, 2000British electric company PowerGen said this morning that is has sold its 2,000 megawatt Cottam power plant in Nottinghamshire to London Electricity for 398.3 million ($585.5 million U.S.).The cash deal will give Electricit de France, London Electricity's owner, control of about 4.5 percent of the United Kingdom's generating capacity. Add in the power supplied to Britain through a cross-channel cable, and the French government-owned EdF will control almost 8 percent of UK demand.The sale of the coal-fired Cottam station is part of PowerGen's larger plan to reduce debt by 1 billion and move from primarily a UK generation firm to a vertically-integrated utility with extensive supply business. PowerGen, which purchased U.S. utility LG&E Energy earlier this year is also eyeing further overseas acquisitions.The deal is almost certain to prompt demands that France open its electricity market to investment by foreign firms. EdF has been active in making British acquisitions while the French government has been loath to open its own market, despite pressure from the European Commission.Last February under threat of an EU lawsuit, France finally opened about a quarter of its market to foreigners, but has imposed so many restrictions that few, if any, such investments have been made. Even so, France's token "liberalization" came a year after a deadline set by EU directives.Bruno Lescoeur, chief executive of London Electricity, said in a statement "Our aim is to build a vertically integrated business, strong in both generation and supply, and this acquisition is a further step towards achieving our ambition of becoming a major player in the UK energy industry."No British power executive has been able to issue such a statement regarding the French energy industry.
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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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