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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
Common Wholesale Power Market Envisioned Between Midwest-ISO and PJM
LCG, Jan. 22, 2002--In a "Letter of Intent," the Midwest Independent Transmission System Operator, Inc. (MISO) and Pennsylvania-Maryland-Jersey Interconnection outlined plans yesterday to form a unified wholesale market composed of producers and consumers from the two organizations.The objectives described in the letter were the focus of discussions last week in which officials and representatives of MISO and PJM participated. The territory encompassed by the single market would include all of part of 27 Midwestern and mid-Atlantic states, the District of Columbia and Manitoba, the Canadian province.Phillip G. Harris, PJM president and chief executive officer, said, "This Letter of Intent reflects PJM and MISO's commitment to develop a single, robust energy market that meets the needs of all customers and stakeholders in the combined region." MISO's president and chief executive officer, James P. Torgerson, said, "working with PJM on a joint and common market design will allow both regions the opportunity to rapidly realize the benefits of a seamless power market."Among the major objectives outlined in the letter are "the safe and reliable operation of the electric power grid" and the formation of a market "administered by two separate organizations with certain functions undertaken jointly and others undertaken through common processes". Additionally, the market's "information technology network architectural design will be established that will provide for growth, redundancy, security and flexibility for he future."The two organizations plan to encourage a cooperative design process through the input of a joint committee including stakeholders from both organizations.
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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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