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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
PSE&G Reaches Preliminary Agreement with New Jersey BPU for Solar Investments
LCG, May 1, 2013--Public Service Electric & Gas (PSE&G) announced yesterday that it reached a preliminary agreement with New Jersey Board of Public Utilities (BPU) to invest up to $446 million in solar projects over three years.
The settlement for solar power investments requires full board approval, and a decision is expected by the end of May. The New Jersey Division of Rate Counsel stated it will oppose the agreement based upon its belief that there are inadequate safeguards to limit utility spending and that the 10-percent return PSE&G would receive is too high.
Under the agreement, PSE&G would spend $247 million on 42 MW of solar generating capacity located on brownfield sites (including landfills), plus 3 MW of smaller projects. In addition, PSE&G would invest up to $199 million on 97.5 MW of new solar generation via a loan system.
In addition to providing renewable power, the investment to develop solar power is also said to be a means to improve reliability in the wake of Hurricane Sandy.
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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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