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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
FERC to Conduct a New Standard Market Study
LCG, January 14, 2003The Federal Energy Regulatory Commission has agreed to take a second look at the implications of a standardized energy market, after some states voiced their concern over FERCs plans to create a set of rules for wholesale energy markets. FERC suggested a new framework regarding the countrys electricity market last July, but some states have been worried over the transfer of authority from states to the federal government. Some members of the Congress have asserted that FERC plans to take power from state public utility agencies. Energy officials from some 15 states have publicly voiced apprehension over FERCs plans, noting that consumers in Southern and Western states may have to pay more for power if the electricity market follows the proposed rules. Some industrial companies, who purchase and consume large amounts of electricity, worry that they will have to pay an unfair proportion of charges for transmission improvements. The state of Louisiana requested that FERC scrap its market plans, while some industry groups have asked for looser guidelines. Due to increased pressure, FERC has agreed to reassess its 2004 market design plans and delay the implementation of them. The main body of the plans addresses transmission issues, endeavoring to smooth out the energy market between states. The plans also include real-time trading and some measures to prevent gaming.
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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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