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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
AEP Takes over Enron Trading Ops in Scandinavia
LCG, Jan. 8, 2002--U.S. utility holding company American Electric Power Co. Inc. extended its European energy trading operations into Norway and Sweden this morning by assuming control of Enron's offices in Oslo and Stockholm, The Financial Times reported.The Ohio-based firm, which last month acquired Enron's international coal trading operations in a deal worth about $35 million, said it had hired 35 of Enron's former traders, headed by Thor Lien. Terms were not disclosed."Adding Thor and his team immediately provides us with a proven wholesale platform in the Nordic region, extensive market expertise and a capability to utilize the interconnector that moves power between Germany and Denmark," said Hank Jones, head of AEP's European wholesale power business.According to the paper, the Nordic power market is one of the most mature deregulated markets in Europe but is one from which AEP has been absent to date. The group has instead focused on the UK market, where it last year bought Fiddlers Ferry and Ferrybridge, two of the country's largest power stations, from Edison Mission Energy of the U.S.
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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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