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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
Northeast Utilities Demands Con Edison Merger Assurance
LCG, March 1, 2001Northeast Utilities yesterday threatened to go to court if it did not receive by tomorrow written assurance from Consolidated Edison Inc. that it would follow through on a merger agreement reached by the two utilities in October 1999.The $3.83 billion acquisition of Northeast by Con Edison would create the largest utility in the U.S. Northeast. Most federal and state regulatory agencies have signed off on the deal, except that Connecticut regulators attached conditions Con Edison has found onerous.Con Edison sought to soften the Connecticut stipulations but said at the same time that intransigence on the part of the regulators could endanger the merger. Instead of getting a better deal, the company ran afoul of Connecticut Attorney General Richard Blumenthal, who has asked a state court to block the merger until his office get a ruling on its appeal of the conditional approval.Blumenthal, who is never at a loss for words, criticized Con Edison for an "abysmal record of high rates, poor service and environmental disrespect."Now, Northeast appears to feel that Con Edison may be using the Connecticut problem to weasel out of the marriage, and has threatened a breach of promise suit.Con Edison's response to Northeast's ultimatum, a short statement saying it is "reviewing the prospects for the merger in light of changes in Northeast Utilities' businesses that have occurred since the merger agreement," was "insufficient," according to a Northeast spokeswoman.Michael G. Morris, chief executive of Northeast Utilities, acknowledged that his company has changed since the merger announcement. "Northeast Utilities is a substantially more valuable company today that when we entered into the merger agreement more than 16 months ago," 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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