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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
First Energy May Buy GPU in $12.2 Billion Deal
LCG, Aug. 7, 2000--Big Ohio utility First Energy Corp. is in talks to acquire GPU Inc. of New Jersey in a $12.2 billion deal that could be wrapped up as early as this week. The deal, if reached, would make First Energy one of the largest U.S. electric companies.The acquisition would continue the consolidation taking place in the U.S. electric industry as a result of growing competition. At first, mid-sized utilities combined to become large enough to compete with the big companies. Now the big guns are combining their firepower.American Electric Power Co. began the heavy duty mergers with its acquisition of Central and South West Corp. That was followed by the agreement to merge between Unicom Corp., parent of Commonwealth Edison Co., and Peco Energy Co. Last week, FPL Group announced that it would acquire Entergy Corp.According to people familiar with the First Energy-GPU negotiations, First Energy would pay $4.5 billion in cash and stock for GPU and assume $7.7 billion in debt, but more clear terms of the deal were not known.The boards of directors of both companies were expected to meet today to discuss the proposition.
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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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