EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

Read more

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.

Read more

Industry News

Westcoast and Coastal to Disengage Joint Venture

LCG, Sept. 26, 2000--Westcoast Energy inc. of Vancouver, British Columbia, and Houston-based Coastal Corp. said yesterday that they would disengage their Engage Energy joint venture and split the assets. The move comes as Coastal and El Paso Energy Corp. finalize details of their merger, which is expected to close by the end of this year.

Engage Energy was formed by the two companies in 1997 as a natural gas and electricity marketing joint venture. The companies said Westcoast would keep the Canadian operations and an office in Michigan and will have the right to use the Engage name. Coastal will retain the U.S. operations.

The companies said they are working to ensure a smooth transition to maintain existing contractual relationships. The disengagement, which had been expected in light of the Coastal-El Paso deal, is expected to close by the end of the week.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service