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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

NRG Calls for More Extensive PJM Reserves Market

LCG, Oct. 14, 2002--A power marketer and supplier in the mid-Atlantic wholesale market, NRG Power Marketing, thinks that the PJM (Pennsylvania-Jersey-Maryland) Interconnection, the grid operator should adjust its spinning reserves market to reflect protocols in place in neighboring Northeastern market systems.

Changes have already been proposed by PJM to the Federal Energy Regulatory Commission this past August. While NRG finds the changes outlined represent an improvement, it would hope to see markets be expanded to include a day-ahead market, as well as both 10-minute non-spinning and 30-minute operating reserves. The power marketer said on Friday that modifications to reflect the New York ISO and ISO New England's markets could improve the PJM's ability to maintain 15 percent spinning reserves at all times. Such reserves are maintained to respond quickly to divergences between supply and demand.

In 2001, NRG claims, there were 66 instances in which spinning reserves were called to align supply with demand, lasting 11 minutes on average. The current PJM proposal concerning spinning reserves is under docket ER02-2519 with FERC.
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