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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
Bush Budget Proposal Would Increase Renewable Spending
LCG, Feb. 5, 2002--Under the budget released by President Bush on Monday, the Department of Energy would receive 4.6 percent more funding in the 2003 fiscal year, while less would be spent on oil and natural gas research.According to the preliminary numbers given by the administration, the overall energy budget would be $21.92 billion. Fossil research would be cut by 16 percent, or $93 million, leaving $494.2 million intact. Spending on renewable energy and energy efficiency would increase by 1 percent, to $1.312 billion.New tax incentives as well as the continuation of current credits would provide $9.5 billion over ten years for the development of energy-saving technologies. One of the largest such credits is for wind and biomass power sources, at $1.9 billion. Other energy credits include $1.1 billion for energy produced from landfill gas, and $1.2 billion for investments in combined heat and power (CHP) systems.Nuclear security program funding would be increased by 5.7 percent, or $433.2 million, for a total of $8.04 billion. The budget will be subject to Congressional approval, and would take effect Oct. 1, 2002.
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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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