EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Google Announces Gas-fired Broadwing Energy Project with CCS

LCG, October 23, 2025--Google announced today a first-of-its kind agreement to support a natural gas-fired power plant with carbon capture and storage (CCS). The 400-MW Broadwing Energy power project, located in Decatur, Illinois, will capture and permanently store its carbon dioxide (CO2) emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers.

Read more

EPA Issues Class VI Well Permits to ExxonMobil for Carbon Capture and Storage Project in Texas

LCG, October 21, 2025--The U.S. Environmental Protection Agency (EPA) today issued three final Underground Injection Control (UIC) Class VI permits to ExxonMobil for their Rose Carbon Capture and Storage (CCS) Project located in Jefferson County, Texas. Under the Safe Drinking Water Act, these permits allow ExxonMobil to convert three existing test wells permitted by the state to carbon dioxide (CO2) storage injection wells for long-term storage.

Read more

Industry News

Senate Panel Finds FERC Lacking

LCG, November 12, 2002-A Senate panel has determined that the FERC neglected to act on information about Enron and has too few personnel attending to the regulation of industry.

In a report released today, the Senate Governmental Affairs Committee found that the Federal Energy Regulatory Commission should have noticed Enron's irregular behavior as long as five years ago. In the report, Senators pointed to wind farm transactions in 1997 where assets were transferred to secret Enron partnerships instead of companies separate from Enron as promised.

A higher rate on power is allowed to be charged for qualifying facilities such as wind generators; Enron's acquisition of three California wind projects mandated either Enron's sale of the wind assets or a non-special rate on those generators. Enron's secret ownership tacked on an additional and illegal $176 million in collections from the wind farms.

FERC had begun investigating the secret partnerships only last month.

According to the report, "On a number of occasions, FERC was provided with sufficient information to raise suspicions of improper activities -- or had itself identified potential problems -- in areas where it had regulatory responsibilities over Enron, but failed to understand the significance of the information of its implications."

The Senate Committee also noted that FERC had too few staff involved with market oversight and that too small of a percentage of FERC's employees are involved in preventing market abuse.

FERC has already countered that, with only 1,250 employees, 800 of which are involved in safety and licensing, 200 of the remaining 450 are working in oversight and enforcement. The Federal agency has also taken issue with the Senate Committee's criticism of FERC's investigation, saying more skilled investigators have been hired.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service