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

Missouri Gas Asks for $39 Million Rate Hike

LCG, Nov. 8, 2000--Missouri Gas Energy Co. yesterday asked regulators for authority to raise rates by $39 million a year. The increase would be in a form that would increase householders' natural gas bills by about $5 per month regardless of how much gas they used.

The Missouri Public Service Commission has 11 months to decide whether to grant the company's request.

The company, which last raised its rates three years ago, said the increased revenues were needed to replace gas lines and install new lines to serve housing developments. Paul Snider, a spokesman for the utility, said "The bottom line is: We aren't making enough to recover our expenses and make a reasonable rate of return."

The stipulation that customers pay a higher monthly charge regardless of gas usage is like to face opposition. Doug Micheel, senior counsel with the Missouri Office of Public Counsel, said "We have traditionally been against the top-loading of fixed charges on consumers."

The rate increase would increase the flat customer service charge by $7.45 from $9.05 per month to $16.50. But the charge for energy would decrease by about $2.50 for the typical customer, resulting in a $5 increase.

Raising the customer charge would allow the utility to count on a stable flow of revenue, Snider said. He also noted that the new rate would stabilize customers' gas bills, spreading out fluctuations in the price of the commodity over 12 months.

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