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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
NRC Defers Decision Point for Duke's Proposed Lee Nuclear Station
LCG, July 31, 2013--The United States Nuclear Regulatory Commission (NRC) stated that it will not make a decision on Duke Energy's combined construction and operating license (COL) application for two nuclear units in South Carolina until 2016 due to federal budget cuts and Duke's decision late last year to change the location of the reactors by approximately 66 feet. The new schedule delays the NRC decisions by approximately three years.
In February 2008, Duke received notification from the NRC that the COL application to install two Westinghouse AP1000 (advanced passive) reactors at the Lee Nuclear Station that was submitted in December 2007 was accepted and docketed.
The NRC stated yesterday that the final hearing on the COL application is now expected to be held in April 2016, a delay from the previous target of March 2013.
Another factor driving the delay is a federal court decision that prevents the NRC from issuing new reactor licenses until its waste confidence rule is revised, which is anticipated to occur in September 2014.
Duke has not made a final decision to build the Lee Nuclear Station, but is proceeding with the COL application process to maintain the option to construct the reactors to meet future needs. Duke's proposal is relatively unique for the United States in that Duke plans to build the reactors at a greenfield site, rather than to add capacity at an existing nuclear power station. The greenfield site is located in Cherokee County, South Carolina.
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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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