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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
Connecticut Ruling Threatens Con Edison-Northeast Merger
LCG, Oct. 24, 2000--Consolidated Edison Inc. said yesterday that failure by Connecticut regulators to ease restrictions upon which approval of the company's merger with Northeast Utilities is conditional could torpedo the deal.Con Edison agreed last year to acquire Northeast, New England's larges electric utility, for $3.29 billion in cash and stock. The deal would create a utility holding company serving around 6 million customers, larger than Exelon Corp. which was formed by the merger of Peco Energy Co. and Unicom Corp.In a decision released last week, the Connecticut Department of Public Utility Control made some minor changes from a draft decision objected to earlier by the two utilities, but failed to make it any more palatable, Con Edison said in a statement.In its statement, Con Edison said without elaboration "Unless this order is substantially modified, it so significantly changes the economic effects and risks of the merger that it calls into serious question whether the transaction will be completed."Among things in the draft decision the utilities objected to was a requirement that merger-related savings be passed on in large part to customers and a restriction on how much profit from the new holding company's Connecticut operations could be paid to the parent company. In addition, the regulators had asked for a 3 percent rate cut in Connecticut.Con Edison, in its statement, said the companies "will reserve final judgment until we are able toassess the full effect of the final regulatory actions."
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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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