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News
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LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.
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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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Industry News
New British Power Trading Arrangements Delayed - Again
LCG, Oct. 30, 2000--The British Office of Gas and Electricity Markets said on Friday that it had once more postponed the opening of "new electricity trading arrangements" because of technical problems.The phrase "new electricity trading arrangements," meant at first to describe an unnamed plan that was to have been introduced this month, has become the de facto name for the scheme. Ofgem and others have taken to using the acronym "Neta."The postponement is the third delay for the program, which is supposed to lower residential electricity bills by as much as 10 percent. In May, Ofgem conceded that difficulties putting together complex information technology systems would delay the opening of Neta until November 21. Earlier this month, that date was pushed back to January 30.Now, Ofgem says it is working to get Neta up and running on March 27 of next year, but market participants are now taking a wait and see position. One trader told the Financial Times "A lot of people in the market think this could continue to roll through until after the election and probably into the summer."The way the program is being set up, private companies such as traders and generators have been spot market and futures trading systems while Ofgem has been developing balancing systems that will match power supply with demand. No one knows yet whether the two sets of systems will talk to each other.So far, Ofgem is estimated to have spent about 90 million ($129 million U.S.) on getting Neta ready. The program is said to have cost private market participants as much as 10 million ($14.3 million) each.
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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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