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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
Entergy, FPL Group in $27 Billion Marriage
LCG, July 31, 2000--Entergy Corp. of New Orleans and FPL Group Inc. of Juno Beach, Fla., will combine in a $27 billion merger to form the nations largest electric utility with more than 6.3 million customers and largest power producer with more than 48,000 megawatts of capacity.In an announcement this morning, the companies said the combination will also rank second in the U.S. in nuclear power generation with more than 10,000 megawatts on line and number two in market capitalization at about $16.4 billion.Combined revenues of the two companies is around $15 billion, with Entergy contributing nearly $9 billion and FPL a little more than $6 billion.A new holding company to be named later will be formed, with FPL shareholders receiving stock on a share-for-share basis and Entergy shareholders receiving 0.585 of a share for each of their shares of Entergy stock, in a tax-free exchange.The companies said the holding company would pay a dividend consistent with FPLs payout policy, which would mean a small increase for Entergy shareholders, from $1.20 to $1.26 per share.The new company will also be one of the countrys largest independent power producers with nearly 10,000 megawatts of unregulated capacity. In addition, through Entergys pending merger with Koch Industries Inc., it will be one of the largest U.S. marketers of electricity and natural gas and will own about 10,000 miles of natural gas pipeline.The merger is expected to produce savings of between $150 million and $275 million annually over the first few years. The companies said all union contracts will be honored and workforce effects will be held to a minimum.James L. Broadhead, chairman and chief executive of FPL Group, will be chairman of the new company. J. Wayne Leonard, Entergys chief executive, will be president and chief executive. Corporate headquarters will be in Juno Beach and utility operation will be based in New Orleans. The six local utility subsidiaries of the companies will continue under their present names from their current headquarters.The merger requires the approval of shareholders of both companies, the Securities and ExchangeCommission, the Federal Energy Regulatory Commission, the Nuclear Regulatory Commission, andthe Federal Communications Commission; the expiration or termination of the waiting period underthe Hart-Scott-Rodino Antitrust Improvements Act; and the completion of regulatory procedures inArkansas, Florida, Louisiana, Mississippi, Texas and the city of New Orleans. The companies said they hope to complete the transaction within 15 months.
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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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