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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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Industry News
Duke and AEP's 765-kV Transmission Project in Indiana Gains Momentum
LCG, December 9, 2011--Duke Energy announced yesterday that Pioneer Transmission, a 50-50 joint venture formed by Duke Energy and American Electric Power (AEP), will begin engineering, permitting and siting activities next year on the 765-kV Greentown-New Reynolds project, designated yesterday as one of 17 Multi-Value Projects (MVPs) included in the Midwest ISO (MISO) Transmission Expansion Plan. The Plan is designed to enhance regional power system reliability, improve market efficiency, enable public policy mandates and facilitate the integration of new generation resources, including renewable energy.
The proposed transmission line will be constructed in Indiana and extend approximately 66 miles to connect the existing Greentown substation (east of Kokomo) with a new substation called New Reynolds (north of Lafayette). The specific route has yet to be finalized. The estimated cost of the 66-mile Greentown-New Reynolds project is $245 million. Pioneer Transmission will build and own the New Reynolds substation to handle the interconnection of multiple power line voltages at this location.
Pioneer Transmission plans to file a petition for public utility status with the Indiana Utility Regulatory Commission by year-end.
The project is part of a larger, 240-mile transmission project in Indiana originally proposed by Pioneer Transmission in 2008 and estimated to cost $950 million. The larger project will be evaluated by PJM and MISO next year.
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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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