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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

Steel Producers Object to Proposed Unit Tax on Power

LCG, July 31, 2000--A plan under consideration by the Ohio Legislature to impose a per-kilowatt-hour tax on electricity sales came under fire Friday from the Ohio Steel Council, an organization made up of some of the largest U.S. steel producers, the steelworkers union and the Ohio Legislature itself.

The plan is being reviewed by the legislatures Joint Legislative Committee on the Kilowatt-Hour Tax, composed of Ohio House and Senate members. The committee is to complete its report bySeptember 30. Electricity restructuring is scheduled by law to begin January 1 of next year.

In restructuring the electric industry in its state, Ohio reduced personal property and gross receipts taxes paid by utilities, in order to relieve state electric companies of a competitive disadvantage they would suffer in comparison to out-of-state firms participating in the Ohio electric market.

Those taxes had been passed along by utilities to their customers but now that the taxes themselves are being transferred to electricity users, the biggest customers want them based on dollar volume rather than kilowatt-hours. Thats because they pay a lot less per kilowatt-hour.

The Steel Council said in a statement "Ohio steel producers have no objection to paying the same proportionate share of electricity tax that they have been paying for years. However, the proposed tax based on kilowatt hours consumed could result in a considerable tax increase, unfairly penalizing large industrial consumers, such as steel."

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