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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

PSEG to buy 35 Percent of Polish Power Plant

LCG, Aug. 31, 2001--U.S. utility holding company Public Service Enterprise Group Inc. said yesterday that it will take a 35 percent interest in Elektrownia Skawina, a coal-fired power plant that supplies a fifth of the power needs of the Krakow area in Poland.

"We are expecting to sign a deal around September 15," said George Holoyda, manager of PSEG's Polish unit. The Polish treasury said it would likely sign a sales agreement with PSEG by the end of September.

PSEG, which will pay $25 million for its share of the 590 megawatt plant, beat out rival bids from French utilities Electricit de France and Snet. Under terms of the purchase, the American company will be allowed to increase its stake to more than 50 percent by investing in the facility.

Skawina is the last of Poland's conventional power plants to be sold under the country's privatization program, which is expected to be completed in 2005. Three cogeneration plants and one electric distribution firm remain to be sold this year.

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