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Calpine and ExxonMobil Sign CO2 Transportation and Storage Agreement for CCS Project in Texas

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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Doral Renewables Selects NovaSource as Partner to Deploy the 1.6-GWdc Mammoth Solar Project in Indiana

LCG, April 21, 2025--NovaSource Power Services ("NovaSource") recently announced that it has partnered with Doral Renewables and has been selected as the Operations and Maintenance ("O&M") and Generator Operator ("GO") for the Mammoth Solar Project, one of the largest agrivoltaics facilities in the United States.

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Industry News

NRC Okays Vermont Yankee License Transfer to AmerGen

LCG, July 10--The Nuclear Regulatory Commission said yesterday it has approved the transfer of Vermont Yankee Nuclear Power Station's operating license to AmerGen Vermont, LLC, an ad hoc subsidiary of AmerGen Energy Co.

The license for the 500 megawatt plant located near Brattleboro, Vt., has been held by the facilitys operators, Vermont Yankee Nuclear Power Corp., since it began operation in 1972.

AmerGen Vermont was established by AmerGen to acquire and operate Vermont Yankee. AmerGen itself is a 50-50 joint venture between Peco Energy Co. and British Energy Plc, the United Kingdoms nuclear generation company, to buy and operate nuclear power plants in the U.S.

The NRC said the Vermont Yankee license transfer review was similar to others it conducted in conjunction with the acquisition by AmerGen of Three Mile Island Unit 1, in Pennsylvania, the Clinton nuclear power station in Illinois and the Oyster Creek Nuclear Generating Station in New Jersey.

AmerGen last year purchased Vermont Yankee from its 13 owners, Central Vermont Public Service Corp. (31.3 percent), New England Power Co. (20.0 percent), Green Mountain Power Co. (17.9 percent), Connecticut Light & Power Corp. (9.5 percent), Central Maine Power Co. (4.0 percent), Public Service Co. of New Hampshire (4.0 percent), BurIington Electric Department (3.6 percent), Montaup Electric Co. (2.5 percent), Cambridge Electric Light Co. (2.5 percent), Western Massachusetts Electric Co. (2.5 percent), Vermont Electric Cooperative Inc. (1.0 percent), Washington Electric Cooperative Inc. (0.6 percent) and Lyndonville Electric Department (0.6 percent).

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