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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
PG&E Judge Denies Local Governments Special Status
LCG, Dec. 10, 2001--U.S. Bankruptcy Judge Dennis Montali on Friday ruled against a group of California cities and counties that had asked court approval to set up an official committee of government creditors in the Pacific Gas & Electric Co. bankruptcy case.Montali denied a motion by the cities of San Francisco, Berkeley, and San Jose and four California counties to form a separate creditors committee that would have given them more leverage not only in pursuing money they say is owed them but in pressing political issues unrelated to money.The local governments had complained that the existing creditors committee was dominated by energy businesses whose claims are of a different sort than those of the cities and counties.Roger Crane, a lawyer for the cities and counties, said local governments "have special interests that need to be preserved," citing taxes, franchise fees, funds set aside for utility projects, and government investments in utility debt.In response to Montali's ruling, PG&E noted that one of the utility's first actions in bankruptcy court was a request for permission to pay the pre-petition portion of property taxes owed to local governments. On May 16, the court approved the request and the company promptly paid $41.2 million in taxes to the 49 counties in which it operates.The company said "As creditors, the City and County of San Francisco and other local governments have the ability to participate in the case, and many of them have already chosen to do so. We have met with and will continue to meet and confer with many of the cities, counties, and their associations to answer questions they may have about our plan of reorganization. Those questions will also be addressed through the normal confirmation process."
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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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