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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
Impact of PG&E Rate Hikes Bearable
LCG, June 7, 2002--Higher Pacific Gas & Electric retail electric power rates have been in place for just over a year, and after decreases in consumption, the average monthly increase for households is $8, bringing the average bill to $63 for power and gas.The higher rates are used partially to pay the state of California for its purchases of power through long-term contracts, which started out with a price tag of $40 billion over ten years. The contracts have been roundly criticized as being unjustly priced, even by Gov. Gray Davis, who signed them. Nonetheless, most consumers have borne and paid for the increases because they can afford it. A San Jose resident, Sidney Campbell, was quoted in the San Jose Mercury News, and compared his current bill with the bills he paid two winters ago, when natural gas prices were up 150 percent. "It's still higher. But it's not a big dent. I'd have a hard time standing up and screaming in a public place that somebody's killing us with shenanigans," he said.Businesses have felt more significant increases, from an extra 34 to 50 percent above their previous rates. Bill Ahern of Consumers Union said, "Businesses got absolutely hammered." Ahern is one of a number of advocates of lowering rates, now that wholesale power prices have come down significantly. PG&E's costs are lower than they had been around the crisis of 2001, before federal price caps.
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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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