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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
Rule Changes Made in Florida Plant Bidding
LCG, Jan. 6, 2003--Florida Power & Light, the regulated utility unit of FPL Group Inc., reacted negatively last Friday to modest changes to the bidding rules that govern how builders of new base-loaded power plants are selected in Florida.A group of independent power producers which has complained that the winning bids have always been one of the state's major utilities was pleased with the moves by the Florida Public Service Commission. The requirement that bidding take place was instated in 1994.Members of the Partnership for Affordable Competitive Energy (PACE) had been aiming at having an "independent evaluator" monitor bidding, to ensure fairness. Instead, the Commission allowed that the utilities (the other utility, Florida Power, was just re-branded under parent Progress Energy) would have to reconsider others' bids any time their own bid's cost structure was changed. PACE members, among which are Calpine, Mirant, and PG&E Corp., felt that this would make the process more open.FPL spokesman Mike Swank contended that "The changes have the potential for substantially lengthening the bid rule process." Swank said that the utility would attempt to have the new rules undone.
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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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