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News
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LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.
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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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Industry News
Japanese Firms to Build Thailand's Biggest Power Plant
LCG, Aug. 17, 2001--Japanese utility Chubu Electric Power Co. and two of Japan's large trading houses, Toyota Tsusho Corp. and Tomen Corp., agreed yesterday to develop the largest power plant in Thailand.The three companies will be the lead investors in Union Power Development Co. Ltd., which will build and operate the 1,400 megawatt coal-fired plant in the Hin Krut district 235 miles southwest of Bangkok."It is the first time Tomen, Toyota Tsusho and Chubu Electric have joined forces on a project," said Chubu spokesman Hideo Nakanishi. "And it is the first time for our company to develop a power plant abroad." Chubu is Japan's third largest electric utility.Joining the three Japanese firms will be the Saha Union Group of Thailand and other investors. Initial investment in Union Power will be on the order of $300 million, with eventual cost of the facility estimated at $1.4 billion. Financial institutions in Thailand and Japan are expected to fund $1 billion of the cost.Construction of the huge plant is slated to begin next April with commercial operation expected in October 2005. Union Power has a 25-year contract with the Electricity Generating Authority of Thailand for the plant's output."After the financial crisis in Southeast Asia, demand for electricity dropped but the economic situation in Thailand is improving and last year demand for power grew by eight percent," said Tomen spokesman Hiroaki Nagashima, pointing to optimism surrounding the investment."I think it will grow more in the future," he added, predicting that Tomen would invest in similar projects across Asia.Tomen leads the joint venture with a 34 percent stake, Toyota Tsusho and Chubu Electric each holds 15 percent while the Thai group and other investors own the remaining 36 percent.
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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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