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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
Enron Memo Echoed in Cheney's Message to California
LCG, Jan. 31, 2002--A memo published by the San Francisco Chronicle Wednesday, from Ken Lay to Vice-President Dick Cheney, indicates that the former Enron Chairman and Cheney were both in support of free markets, not price caps, in California last year.The memo reflected talks between the two men in April 2001, when California officials were calling for the White House to back wholesale power price caps. Public remarks by Cheney a few weeks later indicated a resistance to price caps, and a belief that such caps "would be a mistake," according to Cheney.An excerpt from the memo reads, "the administration should reject any attempt to re-regulate wholesale power markets by adopting price caps or returning to archaic methods of determining the cost-base of wholesale power." It further warns that temporary price restrictions, not just ongoing caps, "will be detrimental to power markets and will discourage private investment."The GAO has stated that it will go forward with a suit against the White House aimed at obtaining documents from energy policy talks. Mary Matalin, who advises Cheney, said "just because some of the things (from the memo) are included in the plan doesn't mean they were from the talks."
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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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