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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
New York Power Authority Stops Pursuing the Great Lakes Offshore Wind Project
LCG, September 29, 2011--The New York Power Authority (NYPA) Board of Trustees voted to terminate the process without awarding a contract to develop the proposed Great Lakes Offshore Wind Project (GLOW). The evaluation the proposals indicated the project was technically feasible; however, the cost for the 120-MW to 500-MW project proposals would have been two to four times greater than land-based wind.
NYPA estimated that development of a 150-MW GLOW project would have resulted in an estimated annual subsidy ranging from $60 million to $100 million. The subsidy and the current economic conditions were the reasons for the Trustees' action.
"While deciding not to proceed with GLOW, the Power Authority will continue its commitment to developing and implementing wind and other clean alternative energy sources to produce emissions-free power for the benefit of New Yorkers today and for future generations," said Gil C. Quiniones, acting president and chief executive officer, NYPA. "The Power Authority's participation in the evaluation of the LI-NYC Offshore Wind Project and in the regional efforts of such organizations as the Great Lakes Commission and the Great Lakes Wind Collaborative shows NYPA's dedication to affordable and environmentally-sound development of future offshore wind projects in New York State waters."
NYPA, together with Con Edison of New York and the Long Island Power Authority, is continuing to evaluate the LI-NYC Offshore Wind Project in the Atlantic Ocean off the southern coast of Long Island.
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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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