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EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

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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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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Industry News

New England ISO's RTO Plan Has Conditional Approval

LCG, Mar. 24, 2004--The ISO New England's proposal for forming a regional transmission organization has received conditional approval from the Federal Energy Regulatory Commission, meaning the ISO has been granted official RTO status.

Since 1997, the control of utilities' transmission operation in the New England region has stayed with the utilities themselves, a feature of the market that will change when the ISO takes over that function. The ISO will be able to direct flows for reliability purposes as it finds necessary.

The shift in control of grid operations out of the hands of the utilities is seen by the FERC as a key part of a more competitive market promoting non-discriminatory access to generating plants, regardless of ownership. The agency may still develop policies aimed at convincing utilities to sell generating assets.
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