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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
No Power Refund Talks Until After Summer, Duke Says
LCG, Aug. 8, 2001--California power producers are presently focused on meeting expected heavy demand for electricity and thereby avoiding rolling blackouts, and have been diverted from the problem of refunds for alleged overcharges, an official of Duke Energy Corp. said yesterday.California Gov. Gray Davis has been adamant in his claim that the power producers -- in his view mostly Texas companies with close ties to President Bush and Vice President Dick Cheney -- owe the state $8.9 billion in refunds for charging up to $3,000 per megawatt-hour when the state was reeling from repeated rolling power blackouts.The top administrative law judge for the Federal Energy Regulatory Commission has said the figure is more like $1 billion, if that, and added that it is unlikely that California will see a dime of cash because the power producers haven't been paid for much of the electricity.While the dispute will be handled by FERC's commissioners, based on a report by Judge Curtis Wagner, who presided over two weeks of negotiations that failed to reach a settlement in early July, not much can be expected in the way of further negotiations until summer's peak demand period has passed, according to Jim Donnell, president and chief executive officer of Duke Energy North America, Duke's merchant energy subsidiary."We'd love to be engaged in active dialogue around reaching a real resolution of the problems, but it's not easy to get everybody engaged," Donnell said while attending the Rocky Mountain NaturalGas Strategy Conference sponsored by the Colorado Oil and Gas Association. "While I'd like to believe that settlement is on everybody's agenda. I don't know that to be the case," he added.
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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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