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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

El Paso Corp Allowed to Question FERC's Subpoena

LCG, January 23, 2003-The El Paso Corporation, currently in court because of alleged energy market manipulation, has been allowed to question the Federal Energy Regulatory Commission's subpoena demanding the release of trading documents.

FERC Administrative Law Judge Peter Young ordered that El Paso's arguments be heard next week Tuesday.

Californian officials are still searching for the ultimate cause of California's inflated power prices of 2000 and 2001. A number of energy producers and traders have participated in suspect trading behavior and some have compensated the state or rewritten energy contracts with the state, but as yet California has not found any solution to its enormous budget deficit, of which much is attributed to the cost of electricity.

El Paso received a subpoena for the release of natural gas price information initially provided to industry publications. California wants recordings of El Paso employee phone calls, but El Paso has said the calls referred to natural gas transport in other locations outside of California.

El Paso has already stated that some of its employees yielded false data for publication but insisted that those people were no longer employees.

California alleges that the state paid $3.3 billion too much for natural gas because El Paso limited natural gas supply, essential to fueling a significant number of the power plants in the region. El Paso is not responsible for the sale of gas but controls the flow of gas across the country and allots pipeline space to those who sell gas. California insists that the pipeline shipments were limited to 79 percent of pipeline capacity during the height of the crisis, from November 2000 through March 2001.

California officials have 100 days to compile evidence regarding improper market behavior.

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