EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

PGE Targets Zero Emissions by 2040

LCG, October 20, 2021--Portland General Electric (PGE) announced plans to increase the amount of clean energy it serves to customers and meet its target to reduce greenhouse gas (GHG) emissions from power served to customers by at least 80 percent by 2030, 90 percent by 2035 and zero emissions by 2040.

Read more

Georgia Power Battery Energy Storage System Approved by PSC

LCG, October 12, 2021--Georgia Power announced that it has received approval from the Georgia Public Service Commission (PSC) to build, own, and operate a new battery energy storage system (BESS).

Read more

Industry News

BP and Edison Plan California Power Plant with CO2 Sequestration

LCG, February 15, 2006--Edison Mission Group (EMG), a subsidiary of Edison International, and BP recently announced plans to build a hydrogen-fueled power plant in southern California that would generate electricity from petroleum coke with minimal carbon dioxide (CO2) emissions. The proposed, 500-MW project would utilize new financial incentives included in the Federal Energy Policy Act of 2005 for advanced gasification technologies.

The site of the new plant is adjacent to BPs Carson refinery, which is about 20 miles south of Los Angeles. The proposed plant would include a gasifier to convert petroleum coke produced at refineries into hydrogen gas that would fuel gas turbines used to generate electricity. The hot exhaust gas from the turbine can also be used to heat water to produce steam to power a steam turbine and generate electricity a second time. The environmentally sensitive plant design incorporates the use of recycled and treated city waste water for plant needs

As part of the process, the CO2 gas would be captured and transported via pipeline to oil fields, where the CO2 would be injected underground into the oil reservoirs to improve oil production and sequester the CO2 from the earth's atmosphere. The CO2 is produced along with the recovered oil, then recycled and reinjected. The companies estimate that about 90 percent of the CO2 would be sequestered. In November 2005, the Department of Energy (DOE) announced that a DOE-funded project had successfully sequestered CO2 into the Weyburn Oilfield in Saskatchewan, Canada, while doubling the fields oil recovery rate.

BP is discussing options with Occidental Petroleum for sequestering the CO2 in Occidentals California oilfields, and technical studies are on-going to determine which of Occidental's nearby oil fields would most benefit from CO2 flooding.

The estimated cost of the plant is $1 billion. The companies plan to finish detailed engineering and commercial studies this year and to complete project investment decisions in 2008, with operations commencing in 2011.

Copyright © 2021 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
Generator X
Generation and Transmission Planning and Optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketVision
Daily LMP Forecast for ERCOT
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service