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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

CP&L Offers 135 Megawatts for Sale

LCG, Aug. 28, 2000--Carolina Power & Light Co. has hung a "For Sale" sign on two blocks of power totaling 135 megawatts, the utilitys parent holding company CP&l;L Energy said Friday.

CP&L (the utility) has issued a request for proposals asking prospective purchasers to bid on blocks of 85 megawatts of capacity from CP&L system resources and 50 megawatts from Florida Power Corp. system resources, for delivery beginning in April 2001 and for periods up to six years.

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By the time any deals are signed, CP&L Energy expects to have completed its pending acquisition of Florida Progress Corp., the holding company for Florida Power.

The capacity sales are one of the steps that CP&L and Florida Power are taking to ensure that CP&L Energy's acquisition of Florida Progress does not adversely affect wholesale power markets and were endorsed by the Federal Energy Regulatory Commission in its July 12 order approving the acquisition.

CP&L said it will hold a bidders meeting on the request for proposals in September. The company expects to receive responses in November for delivery beginning in April.

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