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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
Texas Cities Flock to Franchise Fee Suit Against TXU
LCG, Oct. 26, 2000--Lawyers for the city of Denton, Texas, which is suing TXU Electric & Gas Co. over alleged underpayment of franchise fees, said yesterday that 22 other cities in TXU's service area have joined in the suit and more are expected.Franchise fees are what cities charge utilities for the right to tear up streets for pipelines and cables and to erect poles and string wires. They are a sort of rental charged for the use of public property. The franchise fees are based, in this case at least, on the utility's gross revenues from customers served.The Denton lawsuit says the utility intentionally underpaid the city its franchise fees by not reporting its gross revenues. Denton's lawyers did not say what the company did report, but said the city claims TXU owes more than $1.17 million and the figure could turn out to be much higher. The total underpayment for all of the 22 cities could be more than $240 million, the lawyers said.On top of that, if TXU intentionally underpaid the fees, Denton and the other cities would be entitled to punitive damages.
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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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