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News
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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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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
Calpine Adds 205 Billion Feet of Proven Reserves
LCG, July 26, 2000--Independent power producer Calpine Corp. said yesterday it had made three strategic acquisitions that add 205 billion cubic feet equivalent of proven natural gas reserves to the companys natural gas portfolio, nearly doubling its has reserves.The three acquisitions, which bring Calpines proven reserves to 430 billion cubic feet, cost the company about $206 million.Calpines Charles Chambers, vice president for business development, said the acquisitions were in support of the companys objective of reaching 40,000 megawatts of generation on line. "In addition to enhancing our in-depth fuels capabilities, these acquisitions provide Calpine access to three strategic gas markets and strengthen our position as a premier power provider," he said.The first transaction consists of three fields in the Gulf of Mexico and includes 5 drilling locationsenhanced with 3-D seismic, one of which has already been successfully drilled. Current production isaround 17 million cubic feet per day, increasing to 23 million by the end of the year.A second transaction involves the acquisition of a Canadian firm, Calgary-based Quintana Minerals Canada Corp., whose reserves are located in British Columbia, Alberta andSaskatchewan. The assets include interests in 1,300 wells, upside potentialwithin 180,000 net acres of undeveloped lands, and an excellent staff of energy professionals locatedin Calgary. Current production is approximately 38 million cubic feet per day, and will increase to 42 million by the end of the year.In the third transaction, Calpine acquired natural gas assets in the Piceance Basin, Colorado andonshore Gulf Coast from a privately-held Houston, Texas-based company. The assets include 126wells, 79,000 acres of undeveloped lands, and 195 potential drilling locations with historical successrates of over 90 percent. Current production is 10 million cubic feet a day, and that will double by the end of the year.
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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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