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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

Newsmakers

Mark Dempsey has been named West Virginia president for American Electric Power Co. Inc., effective immediately. He succeeds Stuart Solomon, who was named AEP vice president-public policy earlier this year.

Lewis Hay III, currently president of FPL Group Inc.'s independent power production company, will succeed James Broadhead as president and chief executive of the parent company, effective immediately. Broadhead, chief executive since 1989, will remain as chairman through the end of the year.

J. Gordon Hurst, executive vice president of Vectren Corp. and president of its Utility Group has announced his retirement after 39 years with the company and its predecessors. Hurst joined Southern Indiana Gas and Electric Co. in 1966 while still a student at the University of Evansville.

Kristin M. Kamm has joined AGL Resources Inc. as chief information officer. She comes to AGL from BellSouth, where she served as CIO for consumer and interconnect services.

Clyde C. Osterholtz has been assigned by the Nuclear Regulatory Commission as senior resident inspector at the San Onofre Nuclear Generating Station, a nuclear power plant owned by Southern California Edison Co. near San Clemente, Calif. He most recently was resident inspector at the Fort Calhoun Station in Nebraska.

Scott N. Smith has joined American Electric Power Co. Inc. as vice president and chief risk officer. He will be responsible for enterprise-wide risk management, including oversight of commodity, operational, credit, interest rate and currency risk across all business units and functional areas. Smith previously was vice president of risk management for Global Consumer Bank, a divisionof Citigroup.

Glen Thomas has been confirmed as a member of the Pennsylvania Public Utility Commission by the state Senate. He will replace PUC Chairman John M. Quain, whose term expired. Thomas has served as deputy policy director in the Office of Gov. Ridge.

Mario Max Yzaguirre, who recently resigned as president of Enron de Mexico, will become a member of the Public Utility Commission of Texas, filling the vacancy left by Pat Wood III. Wood stepped down to join the Federal Energy Regulatory Commission on an appointment from President Bush.

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