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
Enron's Ken Lay to Testify Before Senate Panel
LCG, Dec. 18, 2001--Enron Corp. chief executive Kenneth Lay, who turned down invitations to talk to lawmakers last week and today, has agreed to testify before the Senate Commerce Committee on February 4, Sen. Byron Dorgan said this morning.Dorgan, a North Dakota Democrat, said Lay "has committed to appear before our committee and present testimony at a second hearing which will be held on February 4."Former Enron chief executive Jeff Skilling, who resigned abruptly in August after just six months on the job, and former Chief Financial Officer Andrew Fastow, who was sacked in October, have also been invited to testify in February, Dorgan said.Skilling, who Enron hired from consultants McKinsey & Co., is seen as the architect of Enron's high-volume, low-asset trading strategy, while Fastow was responsible for the "off-balance-sheet entities" lawmakers want to learn more about."We also intend to request at that hearing the attendance of Mr. Skilling and Mr. Fastow, former top executives at Enron, and others who can help explain what happened," said Dorgan.
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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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