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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 Energy Traders Trading for UBS
LCG, Feb. 12, 2002--Yesterday marked renewed energy trading by former traders for Enron and associated staff, now working for UBS Warburg Energy.UBS Warburg AG, the Swiss bank, owns the group, and whereas Enron conducted business through EnronOnline, a new site, UBSWenergy.com, is handling new accounts.The unit is to be found in Enron's Houston office tower, and is led by Greg Whalley, once Enron president and chief operating officer. The energy trading business accounted for most of Enron's profits before misleading accounting practices led to its stock plunging and a bankruptcy filing in December.The deal UBS Warburg made to acquire the trading unit last month will give Enron a claim on 33 percent of pre-tax profits for two years. An analyst at Fulcrum Global Partners in New York, Michael Barbis, told the Houston Chronicle, "no one expects them to be what they were. It will be a tougher time for them to get going, is my bet."In the wake of Enron Corp.'s demise, which led to losses by other traders, some of those who dealt with Enron in the past are so far conducting transactions using the Intercontinental Exchange, owned by a consortium of well-financed energy-trading firms.
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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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