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Google Announces Gas-fired Broadwing Energy Project with CCS

LCG, October 23, 2025--Google announced today a first-of-its kind agreement to support a natural gas-fired power plant with carbon capture and storage (CCS). The 400-MW Broadwing Energy power project, located in Decatur, Illinois, will capture and permanently store its carbon dioxide (CO2) emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers.

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EPA Issues Class VI Well Permits to ExxonMobil for Carbon Capture and Storage Project in Texas

LCG, October 21, 2025--The U.S. Environmental Protection Agency (EPA) today issued three final Underground Injection Control (UIC) Class VI permits to ExxonMobil for their Rose Carbon Capture and Storage (CCS) Project located in Jefferson County, Texas. Under the Safe Drinking Water Act, these permits allow ExxonMobil to convert three existing test wells permitted by the state to carbon dioxide (CO2) storage injection wells for long-term storage.

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Industry News

Green Mountain Power Gets 3.42 Percent Increase

LCG, Nov. 14, 2000-- Green Mountain Power Corp. said yesterday that it has negotiated a final settlement with the Vermont Department of Public Service in the Company's rate case that will allow a 3.42 percent rate increase beginning next January 23.

Christopher L. Dutton, the utility's chief executive, said "Reaching a final agreement on GMP's rate case was crucial to GMP's continuing ability to have the financial ability to provide service."

Dutton pointed out that the financially pressed company has been on an austerity program. "GMP sold its corporate headquarters and re- engineered its internal processes, leveraging technology to improve service while lowering costs. Our new streamlined organization now operates with 195 employees, down from approximately 320 in June 1998. The result of this effort is savings of approximately $5 million a year in operating costs, and high customer service performance," he said.

In the settlement, Green Mountain agrees to write off about $3.2 million in certain regulatory assets this year, and further agrees to freeze its dividend at current levels until it can replace current short-term credit facilities with either long-term debt or equity financings.

The settlement acknowledges that Green Mountain, over the past several years, has not collected in rates over $17 million in power supply costs related to Hydro Quebec and that it will not be subject to further prudence penalties relating to the Vermont Joint Owners Hydro Quebec contract.

"As a result of the resolution of the treatment of Hydro-Quebec costs, we have agreed to stay GMP's appeal to the Vermont Supreme Court of the Vermont Public Service Board's 1998 decision disallowing certain Hydro Quebec costs, pending receipt of Board approval of the settlement," Dutton said.

Green Mountain also agreed to "consult extensively" with the Department of Public Service regarding capital spending commitments for upgrading its electric distribution system. The company and the Department also agreed to customer care and reliability performance standards.

The average bill for a GMP residential customer using 500 kilowatt-hours in a month would increase by $2.19 to $66.22 if the settlement is approved.

The settlement agreement does not involve all parties to the case and must be approved by theVermont Public Service Board, the company noted.

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