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Calpine and ExxonMobil Sign CO2 Transportation and Storage Agreement for CCS Project in Texas

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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Doral Renewables Selects NovaSource as Partner to Deploy the 1.6-GWdc Mammoth Solar Project in Indiana

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

Enron, Portland General Cited in FERC Report

LCG, Nov. 25, 2002--Schedules for power generation and transmission submitted by Enron and Portland General Electric were intended to create the illusion of congestion on transmission lines and boost profits for the now bankrupt energy trader and its utility subsidiary, a Federal Energy Regulatory Commission report indicates.

According to the FERC's preliminary findings, Portland General and Enron's transactions were hidden through the use of Avista Corp.'s Avista Utilities as an intermediary. FERC staff found 1,290 instances during April and June 2000 in which Portland General did not properly disclose the nature of its transactions on its website. Portland's traders and transmission schedulers seem "confused and uncertain" as they conducted their transactions, and referred to the nature of some trades as "bogus" and "bizarre," the reported stated.

While power was supposed to be flowing along a north-south transmission path in the West, no power actually was transmitted. Enron was paid for relieving the phantom congestion. Portland General, according to its president and chief executive Peggy Fowler, found "we did not knowingly participate in trading strategies that were deceptive or misleading," based on its review of the documents it submitted to FERC.

The report may affect California's attempt to obtain $8.9 billion worth of refunds for what it says were overcharges for power purchases. The FERC has allowed the state an additional 100 days during which to develop a case for such refunds.
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