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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
Williams Cos. and CFTC Reach Settlement over Natural Gas Trading Allegations
LCG, July 30, 2003Williams Cos. and its electricity trading subsidy came to a $20 million settlement with the Commodity Futures Trading Commission over allegedly manipulative published trading information. Last year, Williams publicly and voluntarily reported that some of its non-managerial employees had submitted inaccurate natural gas trading data to industry publications. These employees were put on leave and eventually dismissed. The Commission alleges that Williams Cos. reported falsified price and volume information to industry publications, resulting in the creation of unrealistic indices. These published indices were, in turn, used by others to gauge appropriate prices for wholesale natural gas contracts. While Williams Cos. and its unit Williams Energy Marketing & Trading Co. agreed to pay $20 million to the CFTC, the companies admit no wrongdoing. The Commission announced the settlement yesterday. Oklahoma-based Williams Cos. has ended its practice of providing data to industry publications and has moved its focus from trading to its core, natural gas businesses.
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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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