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

Virginians Leery about Dereg, Expect Crisis

LCG, July 17, 2001According to a survey released yesterday by the Virginia State Corporation Commission, more that 60 percent of Virginians believe the electricity supply and price problems plaguing California are likely to occur in the Old Dominion, the Hampton Roads Daily Press reported this morning.

The state commission hired the New Haven, Conn.-based Center for Research and Public Policy to conduct the survey of 1,000 customers throughout the state, the paper said.

The state is opening its electricity market to competition in two phases, with customers in Northern Virginia being allowed to choose alternative energy providers beginning next January 1. Customer choice will follow for the southern part of the state a year later.

Only a quarter of Virginians are aware of the state's deregulation of its energy industry and less than a quarter are "very supportive" of the concept of shopping for an electricity supplier, the survey found, although 43 percent were "somewhat supportive." Nine percent of respondents said they had decided against switching to another supplier, while 84 percent wanted more information before making a decision.

"There are few people who said they made up their minds," said Andy Farmer, the commission's education resources manager. "We recognize that this is very early in the game."

The perception held by Virginians of California's energy problems was oddly mixed. While fewer than half of respondents knew that California had "deregulated" its electricity market, 82 percent had heard, read or seen that there were problems out West, and 62 percent expected the same problems to hit Virginia.

Farmer, who tours Virginia talking about the future of the state's electric industry, said one of the first questions that greets him is "What's going on in California?" People want to know about the problems California has faced -- soaring prices for electricity at the wholesale level, bankrupt utilities and rolling blackouts -- and the reasons they have happened.

The survey was the first of 10 the commission will conduct over five years as part of a $30 million public education and awareness campaign aimed at making Virginia consumers aware that the state plans to deregulate its energy markets and that they will have a choice of suppliers of electricity and natural gas.

So far, the results show that Farmer's work is cut out for him. For example, more than 90 percent of Virginians have no idea of the current rate they pay for electricity each month. But 88 percent said they knew they needed to have that information to compare with other suppliers before they could shop for electricity.

"Some people think they pay $10 a kilowatt-hour for electricity," commission spokesman Ken Schrad told the Daily Press. "They don't have a clue what they pay for electricity."

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