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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
LCG Releases California Electricity Market 10-Year Forecast
LCG, October 19, 2015-LCG's 10-year California Electricity Market forecast suggests that the mandated, large-scale deployment of renewables will impact the state’s electricity supply and prices during peak hours.
The report, to be released October 26, 2015, predicts supply and demand, renewable energy production, transmission congestion and electricity price trends.
LCG conducted this extensive study of the California market through 2025 using its UPLAN Network Power market Model. UPLAN simulates the hourly operation of California System and provides electricity prices at customer locations and electricity trading hubs throughout California.
The study includes detailed forecasts of load, fuel prices, thermal, renewable and hydro generation, generation expansion and retirement. This analysis takes into consideration the state's 2020 Renewable Portfolio Standard target, reserve margin and ramping requirements, as well as other operational constrains set by California CAISO.
Please contact LCG at info@energyonline.com for more information.
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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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