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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
FPL Pursues More Gas-fired Power Generation in Florida
LCG, December 7, 2007--Florida Power & Light Company (FPL) yesterday announced plans to add power generation capacity in 2011 to meet the growing demand for electricity in Florida.
FPL stated that it will either install a third, natural gas-fired, power generation unit at its existing West County Energy Center in Palm Beach County or purchase power from another entity. The new unit would add approximately 1,250 MW to the station, where FPL is now building two units that are scheduled to commence operation in 2009 and 2010.
To explore and evaluate the ability of third-parties to supply future firm energy and capacity requirements, FPL will today issue a "request for proposals" (RFP) notice to solicit proposals, with power deliveries commencing in the period from June 2011 through June 2012.
The ability of Florida utilities to provide adequate supply to consumers in the state in the next decade is becoming a concern. This year, the State's interest to develop fuel diversity by the addition of coal-fired generation has evaporated. Since taking office in January 2007, Florida Governor Charlie Crist has raised concerns regarding the threat of climate change and the use of fossil fuels, specifically coal.
This year, utility plans to construct approximately 4,400 MW of new, coal-fired generation that would deliver power to the grid by 2014 have been blocked or shelved. Last month, for example, Southern Company announced that construction of an advanced, coal-fired power plant employing integrated gasification combined cycle (IGCC) technology was halted in Florida. According to Southern Company, the decision was driven by continuing uncertainty surrounding potential state regulations relating to greenhouse gas emissions.
Southern's canceled plans follow the path of other coal-fired projects in Florida. In June, the Florida Public Service Commission (FPSC) reached a decision to not approve the two, 980-MW, coal-fired plants proposed by FPL in Glades County.
In July, a group of community-owned, power entities (Florida Municipal Power Agency (FMPA), JEA, Reedy Creek Improvement District, and the City of Tallahassee) suspended permitting activities for the Taylor Energy Center, an 800-MW, coal-fired power plant to have been built in Taylor County, Florida. Tampa Electric, the principal subsidiary of TECO Energy, also announced in July that it will cancel plans to construct the proposed 632-MW, coal-fired Polk Unit 6 in Florida.
In August, a 750-MW, coal-fired plant proposed by Seminole Electric Cooperative and approved by the FPSC was denied a site certification by the Florida Department of Environmental Protection (FDEP).
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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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