News
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
Manipulation May Persist in Natural Gas Markets
LCG, Jan. 29, 2003--A report released today by the Federal Energy Regulatory Commission indicates that although companies have acknowledged some false reporting of gas trades to publishers of price indexes has taken place, the potential for manipulation in regional natural gas markets has not gone away.The agency found that with strong demand for natural gas, and fewer participants in the market to trade, an illiquid situation could be used to boost gas prices further. "Evidence indicates that price manipulation has occurred in certain natural gas marketplaces, and may be continuing," the report states. The author of the report, William Hederman, is director of the agency's office of market oversight.The regional markets in which possible manipulation was found were not identified. "The ongoing reduction in numbers of wholesale market participants and reduced liquidity and transparency at pricing points may increase the potential for manipulation," the report said. Besides hard-to-detect behaviors such as withholding of supply, upward price pressure has come from the perceived credit risks of market participants. New participants, many from the investment banking community, may counteract these tendencies, the report noted.
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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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