Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project

Exxon Mobil Corporation announced an agreement with Calpine Corporation to transport and permanently store up to 2 million metric tons per annum of CO2 from Calpine’s Baytown Energy Center, a cogeneration facility near Houston. This is part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project that is designed to capture the facility’s CO2 emissions, enabling the 24/7 supply of low-carbon electricity to Texas customers as well as steam to nearby industrial facilities.

Click HERE to read the official press release.