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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
Summer Reserves for California Adequate
LCG, June 10, 2002--The California Independent System Operator reports that it has had less power than needed to achieve a 15 percent reserve margin, but so far, the margin of 7 percent has been adequate to stave off rolling blackouts.In order to be at 7 percent or above, the ISO had to ask some generators to put off scheduled maintenance last week until after periods of elevated air-conditioning demand passed.Some conservation that started with the onset of the 2000 power crisis seems more or less permanent, but some financial incentives have also been provided. A vote by the Legislature renewed the 20/20 program, which gives a 20% refund to households that keep usage 20% below their consumption of power in the 2000 summer season. Conservation may help, but according to the ISO, 1,500 new megawatts of generation will be needed annually to keep pace with new demand.
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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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