Exxon Mobil has signed a carbon dioxide transportation and storage agreement with Calpine Corp., the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (MTA) of carbon dioxide from Calpine’s Baytown Energy Center, a cogeneration facility near Houston.
This is part of Calpine’s Baytown Carbon Capture and Storage (CCS) Project, designed to capture the facility’s carbon dioxide emissions, enabling the 24/7 supply of low-carbon electricity to Texas customers as well as steam to nearby industrial facilities.
Calpine plans to produce approximately 500 megawatts of low-carbon electricity, enough to power more than 500,000 homes. Engineering, permitting and other development activities are already under way.
This agreement brings ExxonMobil’s total amount of carbon dioxide under contract to approximately 16 MTA. The carbon dioxide from Calpine’s facility will tie into ExxonMobil
