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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
OPEC Pressures Russia on Oil Production
LCG, March 18, 2002-With a sluggish world demand for oil, OPEC is concerned that Russia, as the world's second largest oil exporter, will not limit its oil production.The International Energy Agency (IEA) changed its forecast for growth in worldwide oil demand from 500,000 to 420,000 barrels per day, 0.55 percent of the world's total of 76 million barrels a day.Russia promised to decrease its first quarter production by 150,000 barrels per day, although exports were reportedly up 940,000 barrels per day in February. OPEC has demanded that Russia continue limiting its oil production in the second quarter, but Russian officials do not want to lose market share or give up revenues that the struggling country needs. Experts say that Russia's mostly private industry may export more oil than reported even if the Russian government vows to limit production. OPEC secretary general Ali Rodriguez and president Rilwanu Lukman could not convince Russian officials to devote themselves to future agreements with OPEC, although Russia avoided rejecting Opecs demands outright.
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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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