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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
Maine Renewable Plants Shut Down Temporarily
LCG, June 6, 2002--Two biomass plants in Maine that burn wood for fuel will be shut down until Sept. 30 due to the high cost of wood, said owner Boralex, Inc., a Montreal-based firm.The plants are a 16-MW facility in Athens and a 40-MW installation in Ashland, which together can provide for the needs of 60,000 homes. The shutdowns are the latest in a series of economically based decisions leading to fewer operating biomass and renewable facilities in Maine. Five of ten biomass plants in Maine remain in operation, according to Beth Nagusky, executive director of the Independent Energy Producers of Maine. The Maine Public Utilities Commission chairman, Tom Welch, said that the 1997 state electric industry restructuring law was not responsible for the temporary closures. There has been some debate over whether the state should require a certain portion of the state's generation to be renewable, even if it might cost more than conventional fossil fuel-derived power. Many of the renewable plants in Maine are not able to provide a price-based incentive to buyers of standard-offer electricity service, given the prices approved by the Maine PUC.Currently, power supplies are ample due to new conventional generation in New England. The Independent Power Producers would like the state to make a 100 percent renewable generation option available to customers. Welch, the PUC chairman, while not against renewable resources, said, "how much ratepayers or taxpayers want to spend to keep these facilities open, that's a question for the Legislature."
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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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