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News
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LCG, January 21, 2026--Sage Geosystems, the company pioneering Pressure Geothermal, today announced that it closed over $97 million in Series B funding to advance its geothermal power generation and energy storage solutions, including its first commercial next-generation geothermal power generation facility. Ormat Technologies, a vertically integrated company engaged in geothermal and recovered energy generation ("REG"), and Carbon Direct Capital, a growth equity investment firm, co-led Sage’s Series B round, representing the full backing of Sage and Pressure Geothermal technology from leaders in geothermal energy and growth capital.
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LCG, January 15, 2026--Origis Energy today announced that Meta and the company signed a long-term power purchase agreement (PPA) for the 240-MW (303-MWdc) Greyhound A Solar project in West Odessa, Texas. The Greyhound A Solar project is scheduled to achieve commercial operations by mid-2026.
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Industry News
PSE&G Transfers Generation Assets to Affiliate
LCG, Aug. 22, 2000--Public Service Electric & Gas Co. said yesterday that it has transferred its electric generating facilities to PSEG Power, an unregulated power producing affiliate. The transfer was made in conformance with the companys restructuring order issued by the New Jersey Board of Public Utilities.The power plants and other assets will be transferred at the price specified in the order, which is $2.443 billion plus $242 million for other generating related assets such as fuel, materials, and supplies.If a court decision upholding the Boards restructuring and securitization orders regarding PSE&G is modified by an appeal now before the New Jersey Supreme Court, PSE&G and PSEG Power will execute a supplemental agreement to reflect any change in the value of the assets.PSE&G said the transfer was completed within the year allowed by the Board of Public Utilities.
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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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