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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
TXU to Help Cantábrico Find a Buyer
LCG, Aug. 28, 2000--Hidroelctrica del Cantbrico, Spains fourth-largest electric generating company and the target earlier this year of two failed takeovers said Friday it was seeking a buyer for itself and had had a few nibbles.TXU Corp. of Texas attempted through its TXU Europe subsidiary a hostile takeover of Cantbrico in March, offering 21.25 euros per share, but that bid dissolved when Unin Fenosa, Spains third largest generator, offered 24 euros. The Fenosa deal was, in turn, blocked by Spanish regulators who said the combination would be inimical to competition.Last week, TXU said it would not stand in the way of a takeover of Cantbrico if the price was right, and it defined "right" as 24 euros per share. On Friday, 24 euros was roughly equivalent to $21.60 U.S., but money traders said the European common currency was in danger of further erosion.On Friday, a spokesman for Cantbrico said "The board is looking to find a partner, and within that search there are several candidates. The company is confident of finding somebody."TXU said "We're not seeking a buyer for our own sake. We're helping the board find a buyer. If they get a buyer and a price they're happy with, we're not going to stand in the way."When it made its hostile bid for Cantbrico in March, TXU owned 5 percent of the Spanish firms shares. It has gradually increased its holdings to 19.2 percent, not enough to trigger a takeover which is required by Spanish law when one owner has a 25 percent stake in a company.In July, TXU bought a block of Cantbrico stock constituting 5 percent of the company, bringing its stake to the current 19.2 percent. On the same day, through the same investment bank, Belgiums Electrabel acquired 10 percent of Cantbricos shares, setting off an investigation of possible collusion between the two companies to avoid the 25 percent cap.
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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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