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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 Nodal Market – Updated 2011 ERCOT Electricity Market Report
LCG, July 12, 2010 -- LCG Consulting will release by the end of August 2010 their 3rd quarter 2011 report on the Texas electricity market showing the potential impacts of operating in the proposed nodal market structure.
Using the proprietary UPLAN model and the most recent ERCOT (Electricity Reliability Council of Texas) protocol and data combined with well accepted methodology, LCG simulates hourly operations of the ERCOT electricity market. With this report power generation companies, traders, merchants, bankers, utilities and other market players can more accurately predict the opportunities and risks in the ERCOT electricity marketplace.
The report includes forecasts for LMPs (Locational Marginal Prices), A/S (Ancillary Services) 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.
The 2011 ERCOT Market Report is based on assumptions of electricity demand forecast, generation capacity by fuel type and by zone, and transmission constraints. The results include hourly hub prices for West, North, South, Houston, ERCOT bus averages, and EROCT hub averages. It also includes hourly prices for the load zones.
UPLAN Network Power Model replicates the behavior of regional power markets and power systems to simulate the financial and physical operations of entire grids. It simulates the bidding process for the Energy and Ancillary Service markets and dispatches generators hourly, using region-specific protocols.
About LCG Consulting:
With more than 25 years of experience, LCG Consulting is a pioneer and market leader in modeling the competitive energy market. LCG Consulting offers a full range of consulting services and software products for energy producers, suppliers and traders seeking to optimize resources in a competitive energy market.
Julie Chien, Director
LCG Consulting
Julie.Chien@energyonline.com.
650-962-9670x110
http://www.energyonline.com
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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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