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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

Midwestern Service Territories to Join PJM

LCG, Apr. 2, 2003--The three commissioners of the Federal Energy Regulatory Commission signed a conditional order allowing American Electric Power Co. Inc. and Exelon Corp. to transfer transmission grid assets to the control of the PJM Interconnection LLC.

The two utilities sought the transfer, and were responding in part to FERC's order and related incentives concerning membership in a regional transmission organization. The earliest date at which control can be transferred is May 1. The transfer will be conducted in phases, and was thought by the commissioners to be a step towards reducing overlapping, or "pancaked" charges for transmission services. FERC believes that competition will be encouraged by lower barriers to supplier participation in wholesale markets.

FERC's order, in dockets ER03-262 and ER03-263, states that AEP must provide evidence to support new rates it will instate after becoming part of PJM. FERC ordered the utilities to submit descriptions of the affected assets within 30 days.

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