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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

SDG;E Asks State to Release Customer Funds

LCG, July 17, 2000--San Diego Gas & Electric Co. on Friday filed a request with theCalifornia Public Utilities Commission to accelerate the return of $100 million in customer money from a CPUC-controlled transition cost balancing account, which the utility would pass on to its customers who have seen their electric costs double since May.

The utility said release of the funds would decrease August and September residential electric bills by $17 a month. This, combined with the checks most SDG&E customers will receive next month, would result in a total of about $500 million being returned to them in August and September which amounts to nearly $300 for the typical residential customer.

The company said that under Fridays proposal, all SDG&E customers would benefit from a bill reduction of about 3.5 cents per kilowatt-hour.

"We continue to be concerned about the impact high energy prices from the California PowerExchange are having on our customers and we are working to mitigate this impact as much aspossible," said Edwin A. Guiles, president of SDG&E. "Our customers need relief and we arehopeful the CPUC will act quickly to accelerate the return of this money to them."

SDG&E is also promoting a so-called "level-pay" program to all customers, which affords the opportunity to even out electricity payments over the year. Customers on the program will see bills this summer that are comparable to those they got last summer, the company said.

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