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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

Sierra Pacific Customers to Get October Rebates

LCG, Aug. 4, 2000--Customers of Sierra Pacific Power Co. will get rebates on their October bills as the company shares with ratepayers the profits it earned in excess of an agreed-upon threshold.

The Public Utilities Commission of Nevada approved a $9.3 million rebate that translates for the typical residential customer an $11.26 credit on his electric bill and $3.72 for gas. Electric customers will also receive another 51 cents as part of a refund announced last month.

Doug Pond, the utilitys vice president for government and regulatory affairs, said "We're pleased with the Puces action today and would like to thank the Bureau of Consumer Protection, PUN staff and all of the parties that participated in the agreement that led to (the rebates)."

In 1997, the PUN and the Bureau of Consumer Affairs worked out with Sierra Pacific an agreement to split 50-50 with its customers any profits earned over a specified plateau in 1997, 1998 and 1999. The rebate announced yesterday was the third and final one under that agreement.

The total amount returned to customers under the agreement is close to $30 million.

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