News
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
UK's Ofgem Chief: Dereg Doesn't Mean California
LCG, Oct. 11, 2001--Callum McCarthy, head of British energy regulatory body, the Office of Gas and Electricity markets, was in Washington, D.C., yesterday, where he told the European Institute that electric deregulation doesn't necessarily lead to a California-style energy crisis."California is not the inevitable result of liberalizing energy markets," McCarthy said. "The British experience, as well as that in the Nordic countries of Europe and individual states in Australia, show that privatization and liberalization can bring very real customer benefits."McCarthy said the British experience showed quite the opposite -- he said 14 million customers have switched their sources of supply, with 167,000 switching every week. All of those customers, he said, benefit from the downward pressure on prices which competition has brought and continues to exert.Since the UK privatized and deregulated its energy sector, residential gas prices have fallen 37 percent and residential electricity prices 28 percent, McCarthy said. Today, Britain has a more diverse energy mix than at any time in its history, interruptions are even rarer today than they were a decade ago and generation capacity exceeds demand by almost 30 per cent, he added."There is not much, therefore, that is obviously wrong with the way in which the British energy market operates," McCarthy concluded. "Those who search for market failures to correct have some difficulty in identifying what they are. They have even more difficulty in demonstrating that there is an administrative solution which will improve matters."
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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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