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

EU Energy Tax May Be Blocked by Italy

LCG, February 18, 2003-The European Union's attempts at taxing the energy industry are likely to fail today due to Italy's opposition.

15 EU states support a proposal to levy a tax on coal, gas, and electricity production, in addition to raising minimums on oil product taxes. These additional fees are intended to prevent pollution and climate change.

However, Italy would like to continue oil tax breaks because of its reliance on truck transport. In 2000, public outcry against increasing oil prices lead to the initial tax break for truck fuel in Italy. The Mont Blanc tunnel between France and Italy was also closed last year, limiting Italy's transport ability across the Alps.

France will also allow for tax breaks but has asserted its willingness to eliminate them within 2 years.

The proposal is expected to fail because of Italy's opposition, although talks between German Finance Minister Hans Eichel and Italian Finance Minister Giulio Tremonti have been ongoing yesterday and today regarding this issue.

EU officials are anxious to pass the measure before an additional 10 members enter the EU next year; many believe unanimous support will be much harder to achieve in the future.

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