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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

Bulgaria to Shut Down Two Oldest Reactors

LCG, July 14, 2000--The government of Bulgaria, in a bid to enhance its acceptance into European Union membership, agreed yesterday to shut down the two oldest reactors at its 3,760 megawatt Kozlodui nuclear power plant.

Kozlodui, located on the Danube River about 125 miles north of Sofia, is Bulgarias only nuclear power plant, but provides about 40 percent of the countrys electricity. It consists of four 440 megawatt "old-style" Soviet reactors built without containment buildings and two 1,000 reactors that are more modern but still of Soviet design. The older reactors are considered by Western authorities to be unsafe.

Bulgaria had originally planned to phase out the four older reactors between 2004 and 2012 when they reached 30 years of age, but when the EU invited the country to begin talks which would lead to membership in the European Union, it was made plain that early closure of the older reactors would be a condition.

The EU has said it would provide Bulgaria with 200 million euros ($187 million U.S.) by 2006 to cover closure costs of the old reactors and to lend 250 million euros ($236 million) to bring safety systems at the 1,000 megawatters up to western standards.

Plant officials at Kozlodui say decommission costs for two of the older reactors could cost as much as $400 million.

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