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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

BG North America Adds to Its Northeast Power Portfolio

LCG, December 28, 2006--BG North America, a wholly owned subsidiary of BG Group plc, announced today that it has executed an agreement to purchase the Lake Road Power Plant in Connecticut. The stated purchase price is $685 million. The purchase is expected to close in the first quarter of 2007, given timely regulatory approvals.

The Lake Road Power Plant, located in Dayville, is a combined cycle facility that can be fueled by either natural gas or oil. The electric generating capacity of the plant is 805 MW, and the plant delivers power into ISO New England (ISO-NE).

BG Group is a global natural gas business that operates four business segments ? exploration and production, LNG, transmission and distribution, and power. The purchase of the Lake Road Power Plant is the second power plant acquired this year by BG North America. In September, BG North America entered the power market by purchasing the 170-MW, gas-fired, Dighton Power Plant from Calpine Corporation for $90 million. The Dighton Power Plant, located in Massachusetts also delivers power into ISO-NE.
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