EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Sage Geosystems Announces Funding for Next-generation Geothermal Power Generation Project

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.

Read more

Origis Energy Announces Agreement with Meta for Greyhound A Solar Project in West Texas

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.

Read more

Industry News

California ISO – Back to Stage 2

LCG, Jan. 10, 2001While everybody who is anybody in the California electric power business was in Washington yesterday, it was business as usual with the California Independent System Operator, and that could have told the folks meeting at the Treasury Department what's wrong in the Golden State.

Once again, there wasn't enough electricity to go around. Cal-ISO put a Stage 2 electric emergency into effect from 5:00 p.m. to 10:00 p.m., and the state's investor-owned utilities began curtailing power deliveries to customers with interruptible service contracts.

A business can save real money by buying power under an interruptible contract that allows its utility to shut off its electricity when things get tight, but ordinarily that would happen only once or twice a year. Since last May, it has happened about 30 times, and many businesses say they won't sign the contracts this year.

Yesterday was going to be tough to begin with, as some 10,000 megawatts of California power plants were shut down due to planned and forced outages and a limited amount of imported power was available from the Northwest. When a major plant in Southern California went off line in the afternoon, Cal-ISO called the Stage 2 and directed utilities to shed 1,200 megawatts of load.

According to the ISO, demand across the California control area was expected to peak at 32,322 megawatts at around 6:00 p.m.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service