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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
Calpine Adds to Natural Gas Reserves
LCG, July 11, 2001Calpine Corp., which is building gas-fired power plants as fast as possible, yesterday said that it has acquired in two transactions 236 billion cubic feet equivalent of proven natural gas reserves in the U.S. Southwest.Chris Chambers, the company's vice president for business development, said "With these properties in place, Calpine is continuing to meet our goal of owning 25 percent of our natural gas requirements."Combined, the two deals represent an investment of $355 million plus assumption of $49.5 million in debt, Calpine said.In a purchase from The Bayless Companies, Calpine acquired certain assets in New Mexico's San Juan Basin, including 35 wells that produce about 6 million cubic feet equivalent a day, 96 percent of which is natural gas. That transaction has closed, Calpine said.In the second deal, Calpine acquired a majority interest in Michael Petroleum of Houston. Michael Petroleum's gas reserves, located in South Texas, include total proven reserves of 204 billion cubic feet equivalent and currently produce 43 million cubic feet equivalent a day.
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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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