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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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Press Release
Analysis of Summer Resource Adequacy in ERCOT
LCG, July 28, 2016--LCG Consulting releases its analysis of resource adequacy in Texas for high stress conditions in summer 2016.
Every year, the Electric Reliability Council of Texas (ERCOT) publishes reports on Seasonal Assessment of Resource Adequacy, or SARA. In it, ERCOT identifies scenarios to determine whether the Texas system can meet demand under a variety of challenging conditions. LCG has modeled these cases and offers an in-depth exploration into what happens with prices, congestion, and generation under the cases ERCOT presents in the 2016 summer assessment.
Using the advanced UPLAN-NPM modeling system, LCG extends ERCOT’s snapshot report of the summer season to delve more fully into system challenges and outcomes associated with such stress cases, including ramping constraints, Operating Reserve Demand Curve (ORDC) outcomes, pricing impacts, and unit commitment requirements.
LCG’s study models dispatch in the ERCOT region at five-minute intervals, instead of the more common hourly simulation. Modeling smaller slices more accurately captures the operation of the ERCOT system, including the sub-hourly ramping constraints of thermal units, which is particularly important under the SARA report stress cases.
The report relies on LCG’s UPLAN sub-hourly modeling capability as well as robust knowledge of all aspects of electricity transmission and generation in Texas, and decades of electricity modeling experience in the state.
About LCG Consulting:
Silicon Valley-based LCG Consulting has been modeling electricity for more than 30 years. In that time, energy market participants and research institutions across the United States and internationally have relied on our models for every type of application, from electricity trading, plant siting, asset valuation, and testimony support.
For more information about this report or any services offered by LCG, or for more details about the UPLAN Network Power Model, please contact us at julie.chien@energyonline.com or 650-962-9670x110.
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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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