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News
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LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.
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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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Industry News
Senators Propose National Renewable Electricity Standard
LCG, September 22, 2010--Senators Bingaman (New Mexico) and Brownback (Kansas) yesterday announced plans to reintroduce a bill to create a federal renewable electricity standard (RES). The legislation is alleged to increase our energy security, enhance the reliability of the electricity grid by creating more homegrown renewable energy, and reduce our greenhouse gas emissions.
The stand-alone, 43-page RES bill is almost identical to the RES included in the American Clean Energy Leadership Act, S. 1462, according to Senator Bingaman. The bill requires electricity suppliers to ratchet up the percent of renewable energy supplies (or energy efficiency improvements) from 3 percent in 2012 to 15 percent in 2021. The bill is designed not to affect state programs.
Like prior the proposal, the bill includes (i) an exemption for utilities selling less than 4 million megawatt hours per year of electricity and (ii) the option to pay alternative compliance payments to the Secretary at a rate of 2.1 cents per kWh.
Renewable energy sources include wind, solar, ocean, geothermal, landfill gas, incremental hydropower, hydrokinetic, and new hydropower at existing dams, an expanded waste-to-energy definition that includes municipal wastes, and biomass.
Although biomass is included as a renewable resource, the bill does nothing to address the carbon neutrality of biomass, which the Environmental Protection Agency (EPA) has called into question with its proposed Tailoring Rule that does not treat biomass as carbon neutral. Without carbon neutrality, biomass development will likely be limited, and it will not become the primary, non-hydro source of renewables, as forecast this year in the Energy Information Administration's Annual Energy Outlook.
Senator Bingaman states, "I think that the votes are present in the Senate to pass a renewable electricity standard. I think that they are present in the House. I think that we need to get on with figuring out what we can pass and move forward."
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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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