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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
Illinois Instates Two Year Rate Freeze
LCG, June 11, 2002--A two-year rate freeze was signed into law after passing through both Illinois congressional houses.On Thursday, Illinois governor George Ryan signed the bill, which is intended to protect electricity consumers from high prices in the nascent wholesale electricity market. The rate freeze, which was already in place, will continue through 2006.Some criticism has arisen regarding utilities profiting from the freeze due to low wholesale prices. The Illinois Commerce Commission reported that Commonwealth Edison Company, a utility which serves 3.4 million Illinoisans, might reap some $2 billion from the rate freeze extension, although the ICC asserted no official stance on the legislation. ComEd spokespeople assert that the freeze will do what it is intended to, meaning benefit consumers.
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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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