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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
OPPD to Close Fort Calhoun Nuclear Station on October 24
LCG, September 1, 2016--The Omaha Public Power District (OPPD) last Friday formally submitted to the Nuclear Regulatory Commission (NRC) that operations at the 478-MW Fort Calhoun Nuclear Station will end on October 24. The OPPD Board of Directors voted June 16 to close the plant by the end of the year.
An OPPD spokesperson stated, "Last week's letter to the Nuclear Regulatory Commission with the Oct. 24 date formalized our commitment to cease operations at Fort Calhoun Station by the end of the year. Today, we are focused on the continued safe operation of the plant. Teams are developing more than 50 decommissioning project plans and benchmarking other decommissioning plants, in an effort to capitalize on lessons learned."
OPPD stated in May that the continued operation of Fort Calhoun Station is not in the long-term financial best interests of OPPD or its customer-owners and recommended to cease power generation at the facility by the end of this year.
OPPD sees the industry trend of slow revenue growth, market conditions and increasing regulatory and operational costs causing the early retirement of other U.S. nuclear generating stations as well. A recent example is Pacific Gas and Electric Company's announcement last June to close the Diablo Canyon nuclear power plant when its operating licenses expire. Furthermore, the lack of regulatory support in the Environmental Protection Agency's Clean Power Plan for existing nuclear units leaves little incentive to continue to invest in the carbon-free power plant. The Fort Calhoun Station, with a generating capacity of 478 MW, is the smallest rated unit in North America and lacks economies of scale.
OPPD's strategic directives, established by the Board a year ago, call for reducing rates to 20 percent below the regional average. Continued operations of the nuclear plant, with its high operating costs, would be challenging in this time of low natural gas prices and low wholesale power prices.
Fort Calhoun Station began generating power in 1973 and has since delivered over a third of OPPD's annual electric generation through March 2012.
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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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