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News
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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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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
Judge Rejects CA Refund Claims
LCG, December 13, 2002-A federal judge ruled that power companies overcharged California electricity purchasers by $1.8 billion and ordered the state to pay its $1.2 billion in power bills.The Federal Energy Regulatory Commission's Administrative Law Judge Bruce Birchman found that energy companies who sold power to the state during the California energy crisis overpriced electricity by a total of $1.8 billion. However, because the state owes energy companies $3 billion, California has been ordered to pay the $1.2 billion still owed.The state, currently operating under quite a deficit, contends that it was overcharged by at least $9 billion. Earlier this year, some officials estimated that California was overcharged by over $20 billion.California Governor Gray Davis expressed outrage at the decision, asserting the Federal Energy Regulatory Commission (FERC) has unfairly supported energy companies and turned its back on the cash-strapped state. During the energy crisis, FERC adopted a hands-off policy with regard to California, only acting late in the crisis when a newly appointed FERC commissioner instated price caps.Public Utilities Commission President Loretta Lynch also voiced her indignation at the judge's decision, noting what she deemed FERC's repeated refusals to help the state.Energy company representatives noted their satisfaction with the decision, and shares for several companies went up immediately. Dynegy Inc., Williams Cos., Mirant, Reliant Resources, among others, have seen their shares increase in value since the decision.Earlier this year California energy purchasers managed to rewrite contracts for meager gains, but overall the state has made little headway in both the fight for refunds and the effort to find and prove a cause for the crisis.Several court cases are still in the works, in addition to fact-finding efforts by FERC and the Securities and Exchange Commission. Also, gas pipeline company El Paso Corporation has been accused of withholding gas supplies in order to raise gas rates. If the court finds that El Paso Corp. was involved with artificially inflating gas prices, some energy companies and the state may suddenly find themselves on the same side, since many of California's electricity generators are gas-powered.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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