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News
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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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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
FERC Holds Hearing over Contested Nevada Power Contracts
LCG, April 24, 2003The Federal Energy Regulatory Commission will determine whether or not to use recent market reports in deciding the fate of long-term power contracts in Nevada. At the end of last year, a FERC administrative law judge suggested filings by Western states be thrown out because market manipulation effects were not significant enough during the Western power crisis to warrant the rewriting of contracts. Nevada Power, along with municipal utilities from Washington and California, complained that their long-term contracts to purchase power were unfairly costly since they were made at a time when electricity prices were possibly falsely inflated. The contracts in question were made with Enron Corp., El Paso Corp, BP Plc, Allegheny Energy, and Mirant Corp. The legal climate changed when FERC staff released a report March 26 that detailed widespread market manipulation during the California power crisis of 2000/2001. Now utilities want to bring the FERC report into consideration regarding the decision over whether or not to rewrite contracts. Energy companies find the request unreasonable and believe that FERC should not protect utilities from bad decisions such as signing costly contracts. They warn that a legal outcome in favor of the utilities may have serious and devastating effects on Western energy markets, especially in terms of new investment. Utilities find that in desperation they were forced into expensive contracts because of serious lack of capacity and high prices, and many have asserted that their customers are suffering because of what they say are high costs resulting from fraudulent behavior. Utilities also noted that FERC advised utilities to sign long-term contracts during 2001 in order to avoid astronomical short-term electricity prices. FERC is also reviewing contracts made by Washington municipal utility district Snohomish and Southern California Water Company, and heard arguments yesterday.
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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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