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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
California Power Purchase Bonds Closer to Reality
LCG, Feb. 1, 2002-The California Public Utility Commission appears ready to issue a plan for the state to issue $12.5 billion of revenue bonds to repay California for purchases of electricity made on behalf of investor-owned utilities.A vote on by the full PUC on the proposal is expected by Feb. 21. The major issue surrounding such bonds concerns how much of the revenue from ratepayers' electricity purchases would go to the Department of Water Resources, which made purchases of power beginning last year, and how much would be used to repay bondholders. Despite some opposition from consumer groups to the prices at which power has been purchased, a draft "rate agreement" was welcomed by Gov. Davis, who called it "a significant step in the right direction to get energy bonds sold."State Treasurer Phil Angelides' office had no comment yesterday, but said in a statement that passage of a bond measure would involve numerous hurdles. Angelides had been disappointed in October of last year when Loretta Lynch, head of the PUC, would not approve a rate agreement in October because she considered the long-term contracts with suppliers to be too expensive.The revised plan calls for "best efforts" by the DWR to gain better terms for the long-term purchases. Nettie Hoge, of the Utility Reform Network, said the plan "takes all these overcharges and gives them phony names. Nobody is going to be able to understand anything about what the bill means."PUC commissioner Richard Bilas noted that although the new plan is a step away from the PUC's earlier position, "we're getting precariously close to the point where if we don't issue bonds pretty soon the state's going to be in very serious trouble."
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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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