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

Eastern Heat Wave Ends; Storms Disrupt Power

LCG, Aug. 13, 2001--A week-long heat wave in the U.S. Northeast came to an end Friday with very few disruptions of electric power despite record temperatures being set almost everywhere. But the storms that cooled the countryside did plenty of damage.

Gale force winds, rain and lightning roared through the region, leaving a trail of fallen power lines and disrupting electric service to more than 100,000 customers.

On Long Island, more than 9,000 lightning strikes were detected during a storm that began around 3:30 Friday afternoon. More than 60,000 households lost power. Another 20,000 customers saw their lights blink out in Brooklyn, Westchester, Staten Island and the Bronx.

In Connecticut, almost 40,000 lost power and another 11,000 in New Jersey were hit. In Philadelphia, at least 40,000 were affected by outages and thousands more in Boston.

Michael Clendenin, a spokesman for Consolidated Edison Co. of New York, said "In most cases it's lightning or wind or both striking power lines," he said. "We have dozens of reports of lightning strikes and wires being blown down or a combination of the two."

While the Northeast weathered the heat with minimum power disruptions, it wasn't as lucky in weathering some real weather.

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