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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
Dabhol Lenders to Meet This Week in London
LCG, Oct. 29, 2001--Lenders to Enron Corp.'s Dabhol Power Plant in India have called a meeting in London this coming Saturday to attempt to find a way out of the dispute involving Enron, the Indian government, the government of Maharashtra state and its electric distribution monopoly, and the beleaguered project.Among issues discussed will be offers by two Indian companies that want to pay Enron -- itself pretty beleaguered -- a cut-rate for its 65 percent interest in Dabhol.At stake could be much more than just the fate of the $2.9 billion, 2,184 megawatt project, which is India's largest foreign direct investment. AES Corp. of the U.S. has been talking publicly of bailing out of a similar, though smaller, investment in the state of Orissa on India's east coast.In July, after repeated attempts to get some sort of regulatory in payments for power by the Maharashtra State Electricity Board, Dabhol's sole customer, had failed, Enron said it wanted out of India and would be willing to sell its interest in the project for around $1 billion.At the same time, work was halted on the 1,444 megawatt second phase of the project, which was 97 percent complete.The Indian government has not responded to Enron's offer to sell its stake in Dabhol, but two Indian companies, BSES Ltd. and Tata Power Ltd., have shown interest. The Economic Times reported on Friday that Tata Power and BSES are willing to pay $450 million to $600 million for Enron's 65 percent and the 10 percent each owned by General Electric Co. and Bechtel Enterprises.The companies say the low price would allow it to reduce power prices to a level more palatable to the MSEB.Enron responded by saying it would not accept anything less than $1 billion, the Economic Times 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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