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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
Fund Could Offset Energy Price Spikes in Edmonton
LCG, Feb. 6, 2002--Alberta's Revenue Minister said that representatives at a Future Summit Meeting discussed setting aside funds to be used when Alberta energy prices increase.The minister, Greg Melchin, said that the existing Heritage Fund, created in 1976 to accumulate surplus energy revenues, could be used to make sure that other budgetary priorities are not impacted by high energy prices. It would also assist in maintaining reliable electric service, said Melchin.The government did not approve similar proposals made in prior years, but the idea was revived during the two-day Future Summit's coverage of fiscal matters. A report by the Institute of Chartered Accountants of Alberta suggested that Alberta's remaining debt could be paid off with $6 billion, and that $3.5 billion could be used for the stabilization fund. The value of the Heritage Fund currently stands at $12 billion, and would receive additional funds from surplus revenues when they occurred.While the conference proceedings suggested that support exists for countering boom-and-bust energy prices' effects, Melchin said that the province would need to "bring clarity" concerning Heritage Fund transactions.
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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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