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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
LCG Releases ERCOT Electricity Market Outlook for 2013, 2014, 2015, 2016 and 2017
LCG, January 11, 2013 –LCG Consulting (LCG) of Los Altos, California has released the electricity market assessment and forecast of ERCOT operations for the years 2013, 2014, 2015, 2016 and 2017. These reports are based on ERCOT SSWG transmission topology and UPLAN simulations using ERCOT nodal protocol. Simulation results are also available for 2015 and 2017 using ERCOT Regional Planning Group’s transmission plan.
The extensive 2013 ERCOT Electricity Market Outlook report includes results of comprehensive hourly simulations of market operations as well as volatility simulations for Peaker Net Margin (PNM). The results from the extended simulations for the years 2014 through 2017 are based on most likely market conditions and are available in Excel format.
The reports include monthly forecasts of key metrics such as load zone and hub prices, ancillary service prices, top congested transmission lines, generation by fuel type, wind production and curtailment, and valuation of congestion revenue rights.
Customized details such as individual generator costs and revenues, hourly nodal prices (LMPs), transmission congestion, contingency, and other information of interest are available from the modeling results. These results can be used to assess capital investment opportunities and valuation of new and existing generation and transmission assets.
To purchase the 2013 Outlook or for information regarding custom reports or other market studies, please contact Julie Chien .
About LCG Consulting and UPLAN Models:
With over 30 years of experience in the industry, LCG’s expertise in modeling the ERCOT market is unparalleled. UPLAN, LCG’s comprehensive modeling system, has been proven to forecast market operations with a high degree of accuracy. It simulates power markets and operations to forecast the financial and physical operation of the entire grid.
Contact: Julie Chien
LCG Consulting
julie.chien@energyonline.com
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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