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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
Enel Buys 40% Stake in Camuzzi Gazometri
LCG, Oct. 17, 2001--Italy's government-owned electric utility Enel yesterday acquired a 40 percent stake in Camuzzi Gazometri for 434 million euros ($400 million U.S.), the Financial Times reported this morning. Enel, which wants to be all utilities to all Italians, providing service under one brand name for electricity, gas, water and telecommunications, made its first purchase in the natural gas sector last June. It has since gobbled up 13 gas distribution companies.The stake in Camuzzi Gazometri, which it has the option of expanding to 100 percent by the end of next year, will make Enel Italy's second largest gas distributor after Gruppo Italgas.Enel bought its 40 percent stake from Mill Hill Investments, Camuzzi Gazometri's controlling shareholder. The Financial Times says the acquisition means Enel could achieve its target of acquiring 2 million residential natural gas customers by the end of next year - two years ahead of its original target date.According to the paper, Enel and Mill Hill investments have put in a place a series of management mechanisms to ensure that Camuzzi is managed "in their common interest". The agreement gives Mill Hill an option to buy back its 40 per cent stake by October of next year at a price that is 25 per cent above Tuesday's sale price, the report said.
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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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