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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
California Reserve Decision Disappoints Grid Manager
LCG, Feb. 2, 2004--California utilities will be able to raise the level of power they hold in reserve over the next four years, based on a decision by the California Public Utility Commission.The decision to require a reserve of 15 to 17 percent in 2008 rather than 2006 was seen by the five commissioners as a way of avoiding the additional costs to consumers of those reserves by setting a deadline that is potentially earlier than when they may be needed for reliability. It was a disappointment to the California Independent System Operator (ISO), and to power generators who could provide the reserve.According to Jan Smutny-Jones, who heads the Independent Energy Producers Association, "The Commission today basically sowed the seeds for the next energy crisis." A spokeswoman for the ISO, Stephanie McCorkle, told the Sacramento Bee that the plan "is not the type of energy insurance policy that we think California needs." Michael Peevey, the PUC President, asserted that an emergency situation is "quite unlikely, and, if we do our job, it's not going to happen."
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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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