EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Sage Geosystems Announces Funding for Next-generation Geothermal Power Generation Project

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.

Read more

Origis Energy Announces Agreement with Meta for Greyhound A Solar Project in West Texas

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.

Read more

Industry News

Bills Circulated on Georgia Gas Restructuring

LCG, Feb. 20, 2002--Georgia Gov. Roy Barnes is expected to release a plan by the end of the week that addresses dissatisfaction among consumers and marketers with the current status of gas deregulation.

The proposal will likely share key elements of draft bills by state legislators. The governor's plan is expected by Rep. Mark Bukhalter (R-Alpharetta), and Sen. Nathan Dean (D-Rockmart) to have a provision establishing a "last resort" provider that would serve those customers unable to pay. Most customers are served by four marketers, who have said that their bills are inflated by unpaid accounts.

There is also speculation concerning approval of non-profit electric membership corporations as marketers, a move that would further broaden the range of market participants.

The four existing suppliers reacted negatively to a governor's task force recommendation that a regulated supplier be set up for customers unhappy with their current supplier. Neither Burkhalter nor Dean has said he supports this idea. Burkhalter believes that by allowing marketers to handle their own pipeline capacity scheduling, and to store natural gas in reserve, their payments to former monopoly supplier Atlanta Gas Light Co. would fall, in turn benefiting their customers.

So far, a dozen bills have circulated among Georgia lawmakers.
Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service