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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
AEP Explores Sale of Unregulated Generation Assets
LCG, January 7, 2015--American Electric Power Company Inc. (AEP) has retained Goldman Sachs to explore the sale of AEP's unregulated generation assets. The apparent focus is on assets located in Ohio, where the generation portfolio totals nearly 8,000 MW of electric generating capacity, with an order of magnitude sale price greater than $3 billion. AEP's combined regulated and unregulated generation portfolio includes over 60 generating stations in the United States, with a capacity of nearly 38,000 MW.
AEP Generation Resources Inc., AEP's unregulated generation company, owns and/or operates a number of power plants operating within PJM (the regional transmission organization). AEP's unregulated plants in Ohio and Indiana include: all or portions of (i) three coal-fired facilities (Gavin Plant, Cardinal Plant (Unit 1) and the Conesville Plant (portion of Unit 4, and Units 5 and 6)) and (ii) two natural gas-fired plants (Waterford and the Darby Plant). AEP also has a non-operating interest in two coal-fired units, the Zimmer and Stuart Plants, plus an interest in the gas-fired Lawrenceburg Plant.
An AEP spokesperson stated, "No decision has been made about the future of those assets. There is no specific timeline for a decision."
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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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