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News
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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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LCG, April 21, 2025--NovaSource Power Services ("NovaSource") recently announced that it has partnered with Doral Renewables and has been selected as the Operations and Maintenance ("O&M") and Generator Operator ("GO") for the Mammoth Solar Project, one of the largest agrivoltaics facilities in the United States.
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Industry News
Day One at the PG&E Utility Bankruptcy Hearing
LCG, November 19, 2002Yesterday saw the first day of a hearing regarding the future of the Northern California utility Pacific Gas & Electric. PG&E, not to be confused with its parent company PG&E Corp., filed for bankruptcy last year during the California power crisis. The utility, which serves customers in the northern part of the state, could not manage to make enough return from retail electricity because of the high cost of wholesale power during the crisis. Other California utilities escaped bankruptcy proceedings, but all had hand power purchasing duties over to the state Department of Water Resources due to credit problems. Since first filing for bankruptcy last year, the utility has been facing off with the California Public Utilities Commission on how the utility should emerge from bankruptcy. Creditors to the utility had an opportunity to vote on two plans presented by the CPUC and the utility respectively. The vote was to be considered by U.S. Bankruptcy Court Judge Dennis Montali. Since the resulting vote was not unanimously in favor of the utilitys plan, a hearing began yesterday regarding PG&Es future.Yesterday, the CPUC began presenting its bankruptcy plan for PG&E to a packed courtroom. The commission wants to use $500 million in preferred stock, in addition to other securities, to repay creditors. The CPUC would also guarantee that the utility could keep its retail price high enough to produce consistent revenue. While the CPUC plan gets criticism for being vague, the PG&E plan requires the preemption of several state laws; PG&E hopes to win approval for the creation of four new companies, three of which would fall outside of the regulatory reach of the CPUC.
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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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