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News
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LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.
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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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Industry News
Extraction from Canadian Oilsands to Require Much More Energy
LCG, Jan. 29, 2003--In order to increase the amount of oil extracted from oilsands in northern Alberta, experts expect that a significant amount of steam will be required, but where the energy to produce the steam will come from is still being investigated.Suggestions that nuclear power could be used were raised in the 1970's, then dropped as it appeared too costly an option. If oilsands account for a large part of future growth in Canadian oil production as expected, however, it could theoretically require all of Alberta's gas output. This is based on production of four million barrels per day in 2025, said Bob Taylor, an assistant deputy minister with Alberta Energy, part of the provincial government. In order to extract the bitumen in sands 75 meters underground and make it into synthetic oil, energy equivalent to a third of the amount obtained is currently needed.A developer of nuclear plants, Atomic Energy of Canada Ltd., has commissioned a study by the independent Canadian Energy Research Institute to investigate the cost-competitiveness of a small-scale nuclear power plant. While the last nuclear plant to be brought into operation in Canada came online in 1993, it was $11.6 billion overbudget. ($11 billion was invested in oilsands projects during 2001 and 2002.) Natural gas prices have been quite volatile recently, however, and gas is a source of greenhouse emissions, unlike nuclear power.According to Bob Dunbar, a senior director with the Canadian Energy Research Institute, his company's study shows so far that "nuclear would be an economically competitive option with gas." The study will be finalized next month.
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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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