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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
SoCal Ed Won't File for Chapter 11
LCG, Sept. 19, 2001--Edison International Inc., the parent holding company for insolvent Southern California Edison Co., said yesterday that SoCal Ed will not seek protection under Chapter 11 of the bankruptcy law and will "vigorously" defend itself against involuntary bankruptcy."We do not intend to file voluntary bankruptcy," said Ted Craver, chief financial officer of Edison International, in a conference call. "We ask our creditors to continue to forbear and work with us." He added "we will vigorously oppose any involuntary bankruptcy petition."The California legislature adjourned for the year Saturday without passing legislation that would enable the state to "rescue" SoCal Ed from bankruptcy, and though Gov. Gray Davis has vowed to call a special session to get the legislation done there appears little chance the lawmakers will give him what he wants.With little hope for a legislative solution that would restore the creditworthiness of the utility, there is a growing possibility that some creditors may feel that half a loaf is better than none. It would take only three of SoCal Ed's hundreds of creditors to force the company into involuntary bankruptcy.Craver admitted the possibility, saying "to be completely frank about it, the bankruptcy risk is higher today" than it was before the legislature adjourned.
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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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