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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
Regulators Okay Narragansett Electric Rate Cut
LCG, Sept. 24, 2001--The Rhode Island Public Utilities Commission has approved a rate decrease for Narragansett Electric Co.'s Standard Offer service, the utility said Friday. The decrease will become effective on October 1.More than 99 percent of Narragansett's customers are on Standard Offer service.On August 28, Narragansett asked the commission for the rate decrease to reflect more accurately the current cost of power it purchases on behalf of its customers. The lower prices are a direct result of the recent decline in the price of oil and natural gas.The typical residential Standard Offer customer using 500 kilowatt-hours of electricity per month will see an 8.1 percent reduction in the overall bill, or $5.38 per month. Business customers who take Standard Offer service will see reductions of from 8.1 percent to more than 10 percent, depending on their usage and rate structure."Last year, Narragansett Electric had to increase prices as a result of the extraordinary increases in the price of fuel that is used by power suppliers to generate electricity," said Michael Ryan, an executive vice president. "Over the last year, the commission demonstrated foresight during that period to allow us to recover power supply costs as they were incurred. As a result, we are now able to pass along to our customers the benefits of the recent dramatic reductions in power supply costs."The company serves about 460,000 customers in Rhode Island, and is a subsidiary of National Grid Plc of Great Britain.
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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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