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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

Niagara Mohawk to Cut Power Delivery Charges

LCG, Aug. 17,2000--Niagara Mohawk Power Corp. said yesterday that the New York State Public Service Commission had approved its plan to lower electricity delivery prices for most of its customers beginning next month.

Residential and small commercial customers will see average electricity delivery price reductions of about 1.5 percent when compared to last September. The reduction would be on top of an average 1.7 percent delivery price cut over the last two years.

The companys largest industrial customers will see their delivery prices reduced by about 1.9percent when compared to a year ago.

William E. Davis, Niagara Mohawk's chairman and chief executive, said "These savings and New York state's important energy tax reductions will play a significant role in our efforts to promote economicdevelopment and competition across our service territory."

Total savings the three-year plan will come to about $600 million, including gross receipts tax reductions and discounts currently offered to Niagara Mohawk's largest customers under the company's flexible pricing programs, the company said.

Davis said the new pricing structure will allow customers to make more meaningful comparisons between Niagara Mohawks prices and those of other service providers.

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