EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

California PUC to Consider Power Rate Reduction

LCG, May 13, 2003--Modified "revenue requirements" at the California Department of Water Resources (DWR), requirements stemming from past power purchases, could mean that the California Public Utilities Commission will decide to put in effect a rate reduction for power customers of the three largest California utilities.

The DWR would continue to receive payments from the utilities - Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric - in order to repay the agency for purchases which ended at the end of 2002. Gov. Gray Davis was to announce the possible rate cut this afternoon, and will press the PUC to implement a rate cut as soon as possible.

The commissioner Carl Wood said that the reduction is "doable by the end of the year if it's justified. A reduction would be very welcome."

Mindy Spatt, spokeswoman for The Utility Reform Network, said "We will take any reduction we can get because consumers are paying very inflated rates." Rate cuts for each of the three utilities' customers are under consideration. A rate increase of up to 40 percent in some cases was put in place in 2001, following rapid deterioration in the financial health of the utilities as power prices spiked in 2000 and 2001.
Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service