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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
NYMEX to Introduce PJM Futures contracts
LCG, Feb. 21, 2003--Incentives in the form of up to $200,000 in reimbursement of costs will be offered by the New York Mercantile Exchange (NYMEX) to induce floor brokers to trade Pennsylvania-New Jersey-Maryland (PJM) electricity futures contracts.The futures are to be traded shortly, and will take the form of monthly, weekly, and daily contracts for PJM's western hub. As many as 100 two-year permits will be made available to brokers. As long as the brokers meet certain volume requirements, they can be reimbursed for salary and benefits of floor brokers, telephone and other such costs.The president of the NYMEX, J. Robert Collins, stated, "This is yet another example of the Exchange's innovative approach to expanding its participant base and establishing liquidity in new markets. It provides an excellent opportunity to become involved in the early stages of a contract that we anticipate will be as successful as our other major energy markets."
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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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