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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
TVA Issues Update on Completion of Watts Bar Unit 2
LCG, October 30, 2013--The Tennessee Valley Authority (TVA) yesterday issued a quarterly update on the construction of the 1,180-MW, Watts Bar Unit 2 nuclear power plant, located in Spring City, Tennessee. TVA stated that the carbon-free, nuclear project remains on track for most likely completion by December 2015 and within a cost range of $4 billion to $4.5 billion.
TVA reports that safety performance is strong and the quality control acceptance rate is high. Furthermore, bulk construction is in the final phase, and the project is transitioning to complete work and prepare plant systems for pre-operational testing. TVA received a Nuclear Regulatory Commission (NRC) license for fuel to use in Unit 2, and the fuel deliveries commenced last summer.
The original construction on Watts Bar 2 started over 40 years ago in 1972. However, when load growth forecasts dropped in 1988, the unit was deferred. When Watts Bar 1 began commercial operations in May 1996, it became the last commercial nuclear unit in the United States to come on-line.
Construction on Unit 2 resumed in 2007. In April 2012, TVA announced problems with the project, and that the project approved by the TVA board in 2007 appeared "aggressive but doable? at that time. However, TVA further stated, ?The emerging estimate to complete Watts Bar Unit 2 will require additional funding of $1.5 billion to $2 billion, putting the total estimated cost of completion in the range of $4 billion to $4.5 billion. The estimated time to complete is between September and December of 2015."
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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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