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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.

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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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Industry News

Newsmakers

Jack E. Davis has been named president of Pinnacle West Capital Corp. and has been elected to its board. He will also remain president of energy deliver and sales with subsidiary Arizona Public Service Co.

Karl W. Miller has joined PG&E Corp. as National Energy Group senior vice president for marketing and business development. He most recently was in the London branch of EdF (Electricit de France) Trading Ltd., where he was senior vice president and head of the structured transaction group.

William J. Post has been elected chairman of the board of Pinnacle West Capital Corp. and will also be chairman of its principal subsidiary, Arizona Public Service. He will remain chief executive of the parent company. Post succeeds Richard Snell, who will retire effective February 5.

Angela M. Sparks has been elected Energy East Management Corp. vice president for government affairs by Energy East Corp., the holding company formed by New York State Electric & Gas Co. She most recently was director of government affairs for NYSE&G.

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