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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
Shareholders Approve CP&L Acquisition of Florida Progress
LCG, Aug. 17,2000--Shareholders of CP&L Energy Inc. yesterday approved the pending acquisition of Florida Progress Corp., with 98 percent of those casting ballots favoring the merger. FPC shareholders followed suit this morning with a 96 percent vote in favor.The combination will create one of the 10 largest generators of electricity in the U.S., with total capacity of more than 19,000 megawatts. The new company will also be one of the top utilities in the U.S. Southeast, with more than 2.8 million customers.CP&L Energy is parent holding company for Carolina Power & Light Co. which serves about 1.2 million electricity customers in the Carolinas, and FPC is that of Florida Power Corp., which has some 1.4 million customers in its state." Once this acquisition closes, we will have size, capacity, assets and a customer base to put CP&L in a position to effectively compete in any business environment," said William Cavanaugh, chairman, president and chief executive." We intend to strengthen those customer relationships and utilize our generation assets to go after a larger share of the region's fast-growing wholesale energy market," he promised.Cavanaugh will continue in his positions following completion of the transaction. The company will continue to be called CP&L Energy until a new name is thought up.The acquisition still must be approved by the North Carolina Utilities Commission and the Securities and Exchange Commission.
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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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