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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.

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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.

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Industry News

Morgan Stanley Plans 324 Megawatt Tacoma Plant

LCG, June 11, 2001--Morgan Stanley Capital Group plans to build a 324 megawatt gas-fueled power plant on 17.3 acres of land south of Tacoma, Wash., the Port of Tacoma said Friday. The Port Commission had accepted Morgan Stanley's $2.83 million bid for the land a day earlier.

No timetable for development of the plant was disclosed, but "We'd like to begin work as soon as possible," said Morgan Stanley's Jim North. "Construction time is in the range of about six months once we begin grading the site."

North added "Our goal here is to work with Tacoma Power and get interconnected with the grid as soon as possible."

The $100 million facility will be built in the port's Frederickson industrial area, which has a natural gas pipeline running through it. Building the plant will create about 100 construction jobs and the completed facility will have around 10 permanent employees.

"We're very happy to be able to provide a site for a project that will increase the amount of electrical energy available to our community," said Port of Tacoma Commission President Connie Bacon. "This will help keep our economy and business climate on track."

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