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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
Duke and AEP's 765-kV Transmission Project in Indiana Gains Momentum
LCG, December 9, 2011--Duke Energy announced yesterday that Pioneer Transmission, a 50-50 joint venture formed by Duke Energy and American Electric Power (AEP), will begin engineering, permitting and siting activities next year on the 765-kV Greentown-New Reynolds project, designated yesterday as one of 17 Multi-Value Projects (MVPs) included in the Midwest ISO (MISO) Transmission Expansion Plan. The Plan is designed to enhance regional power system reliability, improve market efficiency, enable public policy mandates and facilitate the integration of new generation resources, including renewable energy.
The proposed transmission line will be constructed in Indiana and extend approximately 66 miles to connect the existing Greentown substation (east of Kokomo) with a new substation called New Reynolds (north of Lafayette). The specific route has yet to be finalized. The estimated cost of the 66-mile Greentown-New Reynolds project is $245 million. Pioneer Transmission will build and own the New Reynolds substation to handle the interconnection of multiple power line voltages at this location.
Pioneer Transmission plans to file a petition for public utility status with the Indiana Utility Regulatory Commission by year-end.
The project is part of a larger, 240-mile transmission project in Indiana originally proposed by Pioneer Transmission in 2008 and estimated to cost $950 million. The larger project will be evaluated by PJM and MISO next year.
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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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