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News
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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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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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Press Release
ERCOT Electricity Market 2014 - Simulation of the Competitive Renewable Energy Zones (CREZ)
LCG, January 22, 2010 – LCG CONSULTING has released a report on ERCOT Electricity Market 2014 - Simulation of the proposed CREZ wind expansion under the nodal market protocol. This report summarizes the results of extensive hourly simulations of the projected CREZ scenario 2.
The market forecasts and economic analyses are based upon sophisticated, hourly simulations of the entire ERCOT wholesale power market for year 2014 using LCG’s proprietary UPLAN Network Power Model (UPLAN-NPM) and PLATO database for ERCOT. UPLAN simulates the electrical network and the interacting energy and ancillary services markets. It optimizes generation and transmission simultaneously which is necessary for evaluating renewable technologies such as wind, solar, and storage technologies. The simulation also includes the proposed additional generation such as coal, gas, and wind.
The report includes forecasts for LMPs, A/S prices, hub prices, zonal prices, and congestion costs (CRRs). The report can be customized to include additional details such as generator performance, hourly LMPs, transmission congestion, and other information of interest.
Please see the flyer for more information. Should you be interested in a preview of the report via webcast, please contact Julie Chien.
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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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