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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

Edison and Ford Announce Plans to Develop Plug-in Hybrid Electric Vehicles

LCG, July 10, 2007--Edison International, the parent company of Southern California Edison (SCE), and Ford Motor Company yesterday announced their collaboration to examine the future of plug-in hybrid electric vehicles (PHEVs) as part of a complete vehicle, home and grid energy system. Edison and Ford plan to examine the potential benefits of PHEV use, including enhanced energy security, reduced greenhouse gas emissions, lower fuel costs and more cost-effective use of the nation's electricity grid.

SCE operates the nation's largest fleet of electric vehicles and the nationally recognized Electric Vehicle Technical Center in Pomona, California, where advanced battery technologies are tested to explore new applications of power and technology. Ford introduced the world's first hybrid sport-utility vehicle.

As a transportation fuel, electricity is 50 percent to 75 percent less expensive than the equivalent cost of a gallon of gasoline, according to Ford. However, PHEVs currently are not generally in use because of the high cost of advanced batteries.

Ford and SCE will explore whether these advanced batteries have other uses that could reduce their cost to consumers. For example, owners could charge their vehicles in the evening when the electricity prices are lower and use that energy during peak hours of the day, when electricity prices are high. Advanced batteries also could store energy from rooftop solar panels more efficiently. Furthermore, as such applications grow, Ford and SCE believe a secondary market could develop for the value present in used plug-in hybrid electric vehicle batteries at the end of their vehicle life.

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