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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

Alliant Energy to Proceed with 500-MW New Wind Project

LCG, October 28, 2016--Alliant Energy's Iowa-based subsidiary Interstate Power & Light (IPL) announced yesterday that it will proceed with the New Wind Project, which will add up to 500 MW of new wind generation in Iowa. Construction may commence as early as next year. Alliant Energy expects that 250 MW of wind farm electric generating capacity will commence operations in 2019, with the remainder delivering power to the grid in 2020.

The Iowa Utilities Board (IUB) issued a final order regarding the New Wind Project on October 25 that approves, with limited modifications, the settlement between Alliant Energy and customer groups that was filed on October 12, 2016.

"The New Wind Project will benefit our customers, our communities and the state," said the president of IPL. "The wind turbines will generate clean, cost-effective energy for customers. They also create tax revenue for communities, and bring construction jobs and economic growth to the state, making this a win-win project."

Alliant Energy is currently evaluating sites near its existing Whispering Willow Wind Farm and other areas of the state.

In announcements last August, Alliant's CEO stated that the timing of the project is designed to take advantage of the federal wind energy production tax credit (PTC). Similarly, MidAmerican Energy set forth and received approval from the IUB last summer for its plans to construct in Iowa the Wind XI project, with a design capacity of 2,000 MW and an estimated cost of $3.6 billion. Like Alliant's project, the MidAmerican Energy project schedule is driven to maximize the federal PTC, which is set to decline in value by 20 percent by year, beginning in 2017.
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