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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
MidAmerican Energy Proposes $1.9 Billion Investment in Iowa Wind Farms
LCG, May 10, 2013--MidAmerican Energy announced Tuesday its plans to add up to 656 new wind turbines, with a generating capacity of 1,050 MW, in Iowa by year-end 2015. If the proposed, $1.9 billion expansion is approved by the Iowa Utilities Board, MidAmerican Energy will own and operate approximately 3,335 MW of wind generation capacity in Iowa by year-end 2015.
MidAmerican currently owns and operates a wind portfolio in Iowa that represents a total investment of about $4 billion.
Greg Abel, chairman, president and CEO of MidAmerican Energy Holdings Company
"the parent company of MidAmerican Energy" thanked Iowa's congressional delegation for their strong support of the production tax credit (PTC) extension. "Iowa's congressional delegation created the opportunity for this investment through their support at the federal level and continued an environment that makes this type of investment possible."
With the recent federal PTC extension, MidAmerican Energy is now requesting to expand its wind generation capacity to build its renewables portfolio. Bill Fehrman, president and CEO of MidAmerican Energy, stated "The proposed wind expansion will not only add to MidAmerican Energy?s and Iowa?s position as a national leader in wind generation capacity, it will help reduce future rates to our customers by as much as $10 million per year and further enhance our corporate principle of environmental respect by reducing our carbon footprint by 10.3 percent."
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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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