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Google Announces Gas-fired Broadwing Energy Project with CCS

LCG, October 23, 2025--Google announced today a first-of-its kind agreement to support a natural gas-fired power plant with carbon capture and storage (CCS). The 400-MW Broadwing Energy power project, located in Decatur, Illinois, will capture and permanently store its carbon dioxide (CO2) emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers.

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EPA Issues Class VI Well Permits to ExxonMobil for Carbon Capture and Storage Project in Texas

LCG, October 21, 2025--The U.S. Environmental Protection Agency (EPA) today issued three final Underground Injection Control (UIC) Class VI permits to ExxonMobil for their Rose Carbon Capture and Storage (CCS) Project located in Jefferson County, Texas. Under the Safe Drinking Water Act, these permits allow ExxonMobil to convert three existing test wells permitted by the state to carbon dioxide (CO2) storage injection wells for long-term storage.

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Industry News

California Regulators Won't Vote on Bond Money Today

LCG, Sept. 6, 2001--The California Public Utilities Commission has postponed a vote originally scheduled for today that would have determined how much of the state's record electricity rate increase would go to support the state's $12.5 billion bond offering which aims to fund past and future power purchases by the California Department of Water Resources.

The bond proceeds will be used to pay off a $4.3 billion bridge loan taken in anticipation of the bond issue and to replenish the state treasury for some $7 billion in power purchases made by the water agency so far this year.

That would leave precious little to fund payments on $43 billion worth of long-term power contracts entered into by the water people with independent generators.

Loretta Lynch, president of the CPUC, said in a teleconference yesterday that she hopes the commission will issue its final decisions on the bond issue by Thursday, September 20, but added that no new date has been set for the vote.

Two weeks ago, when the CPUC was set to vote on the matter, Lynch delayed the vote until today, saying the two-week delay was needed "to properly accommodate the volume and scope of comments received" the previous week.

That delay, and now this one, endangers an October 31 deadline for the bond issue and is the latest in a string of problems facing the financing. The state had originally intended to market the bonds in May, and Gov. Gray Davis had "guaranteed" that money from the bonds would repay the state treasury by June 30 for money used to buy power.

The October 31 deadline is important because it is also the deadline when interest on the bridge loan jumps from 4.14 percent to 7 percent. The difference could cost the state $270,000 a day in added interest.

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