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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
AEP to Split into Two Firms, Target Wholesale Power
LCG, Nov. 1, 2000--American Electric Power Co. chief executive E. Linn Draper said yesterday his company plans to split into two companies, one to focus on competitive wholesale power and the other to operate the company's regulated businesses in the U.S. and abroad."Our focus for growth moving forward, plain and simple, will be the wholesale business; generation and related energy assets, wholesale marketing and trading," said Draper who was addressing a San Francisco conference sponsored by the Edison Electric Institute. He also said that AEP has decided not to pursue combination of its 100 percent owned British regional electric company Seeboard Plc with Yorkshire Electricity Plc, another REC it owns in equal shares with Xcel Energy Inc. AEP would have bought out Xcel under the plan.Draper said that AEP would apply later this week to the Securities and Exchange Commission for authority to form the two companies. The two firms would be under am umbrella holding company, he said.Draper would not say whether public offerings were contemplated for selling stock in the two new companies. "We have a number of options to consider, but we expect it will take at least a year" to get necessary regulatory approvals and complete all the paperwork to set up the companies he said.
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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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