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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
Enron's Fastow Surfaces -- Not Much to Say
LCG, Dec. 13, 2001--Andrew Fastow, the formerly missing former chief financial officer of Enron Corp., was put on display at a Houston news conference yesterday by super-litigator David Boies, but he was limited by his lawyers in what he could say."Hello. Happy holiday season. Thank you for coming," Fastow said, exactly as instructed.At the same time, lawyers from the Attorney General's Office and the Securities and Exchange Commission who thought Fastow was supposed to be talking to them asked a federal judge to enforce an October 31 subpoena to which Fastow had not responded."This is not a situation where he is not going to be available," Boies said, acknowledging that the sole purpose of the Houston press conference was to show that the former Enron executive had not fled the country. "Mr. Fastow will be responding to a variety of inquiries from a variety of government agencies," Boies said.When reporters asked if Fastow had been out of the country in the past two months, Boies said the question was irrelevant.When Fastow failed to meet with SEC officials and lawyers from the Justice Department, the SEC asked a federal judge in Washington to enforce its October subpoena and the Justice Department rescheduled the meeting. Neither move seemed to impress Boies."We told the SEC we would be happy to present Mr. Fastow, however we were not going to be in a position to turn him over to the SEC on 48 hours notice," Boies said, adding "People know that Mr. Fastow is available, but he is not going to be available on 48 hours notice."
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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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