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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
Legislation Proposed to Remove California ISO as Grid Manager
LCG, January 22, 2003--In the midst of a legal dispute between the Federal Energy Regulatory Commission (FERC) and the California Independent System Operator (ISO) over the ISO board's makeup, a California senator who has led an investigation into market manipulation has introduced a bill that would return management of the state transmission grid to the major utilities.Senator Joe Dunn, D-Santa Ana, said during a hearing of his special investigative committee that he believes the ISO should no longer exist. The ISO has been under attack since last summer, when the board refused to respond to an order from the FERC to replace its board members, which the FERC felt were not sufficiently independent. Gov. Gray Davis advocated that the board not respond to the order, having appointed the members at the beginning of 2001. FERC sued the state on Aug. 16, and the matter is currently before the U.S. District Court of the District of Columbia.Sen. Dunn said his bill is "there as a vehicle depending on the outcome of that dispute." He is also planning to introduce a bill that would move the state towards "some sort of quasi-regulated electricity system," he told Dow Jones. Dunn has resisted confirming Michael Kahn, chairman of the ISO, and hopes to have Kahn make management changes Dunn feels are necessary before moving on the confirmation.
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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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