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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
LG&E to Sell Interests in Three Small Virginia Plants
LCG, Dec. 4, 2000--The LG&E Power Inc. subsidiary of LG&E Energy Corp. said Friday that it has entered into an agreement with Virginia Electric & Power Co., a unit of Dominion Resources Inc., to sell its equity interests in three 70 megawatt coal-fired cogeneration power plants in Altavista, Hopewell and Southampton, Va.LG&E said that under the agreement, the plant owners and Virginia Power may exercise their options during early 2001. If exercised, the purchase price will be a combination of cash and the assumption of the projects' contracts and debts. LG&E owns 50 percent of the projects, which began commercial operations in 1992.An affiliate, LG&E Power Services Inc., will continue to operate the three facilities underseparate contracts with Dominion Virginia Power. Other owners of the projects are subsidiaries of coal company Westmoreland Energy Inc., which owns 30 percent, and Fourfold Cogeneration Corp., a subsidiary of Chrysler Financial Corp., which owns 20 percent."We continually look for ways to maximize the value of our assets," said George Basinger, LG&E Energy's senior vice president of independent power operations. "In this instance, it was clearly more beneficial to sell the plants than to retain them."LG&E said the agreement "is subject to certain regulatory approvals."
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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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