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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
Ontario Scales Back Agreement with Korean Consortium to Develop Renewables
LCG, June 21, 2013--The Ontario government has renegotiated the province's Green Energy Investment Agreement (GEIA) with the Korean Consortium, which includes Samsung C&T Corporation, and reduced the planned investment in solar and wind energy development.
The revised GEIA reduces the total commitment for renewable energy projects from 2,500 MW to 1,369 MW, which equates to an estimated C$3.7 billion reduction in contract cost, or about $24 per year for the average residential consumer, according to the Ministry of Energy.
In an effort to increase local engagement, the Korean Consortium will be required to obtain municipal council support resolutions for all new renewable energy projects.
In January 2010, Ontario announced that it signed an agreement with a Korean consortium, led by Samsung C&T Corporation and the Korea Electric Power Corporation (KEPCO), to work with major partners to attract four manufacturing plants related to wind and solar technology for use in Ontario and to export to the United States.
Construction of the first wind farm associated with the GEIA, the 270-MW South Kent Wind Project, was announced in late March of this year. The South Kent Wind project stimulates the Ontario wind energy supply chain and includes 124 Siemens 2.3-MW turbines manufactured in the province, plus towers from facilities in Windsor, and blades from Tillsonburg.
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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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