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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
NextDecade Announces Option-to-Lease Agreement with Port of Brownsville for Rio Grande LNG Project
LCG, March 6, 2015-NextDecade, LLC yesterday announced it has signed an option-to-lease agreement with the Port of Brownsville that will expand the company's site to 1,000 acres for its proposed Rio Grande Liquefied Natural Gas ("RGLNG") export terminal, doubling its initial agreement.
The founder and CEO of NextDecade stated, "NextDecade has taken a major step forward by securing such a prime site for our Rio Grande LNG project. We have worked diligently to complete our Basis of Design to ensure a competitive, well thought out and executable project and are committed to working with the Federal Energy Regulatory Commission (FERC), our industry-leading partners and the local community to bring this project to fruition."
The RGLNG site is located approximately seven miles from the Gulf of Mexico on the northern shore of the Brownsville Ship Channel, which provides access to major global LNG markets. The additional acreage will provide increased design flexibility and expansion capability.
The RGLNG project includes the 130-mile Rio Bravo Pipeline project to connect the LNG terminal with the Agua Dulce natural gas market hub.
NextDecade is currently engaged in a detailed assessment of the site to ensure that all safety and environmental requirements are met as it prepares for initial FERC pre-filing process submissions later this month.
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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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