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Enhanced Geothermal Systems May Drive Significant Growth in Geothermal Power Generation

LCG, February 19, 2026--The EIA released an "in-brief analysis" today regarding the expected completion of the first, large-scale commercial enhanced geothermal system (EGS) in June 2026, and the significant growth potential for year-round, 24x7, carbon-free, renewable EGS power generation in the United States.

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Hydrostor Announces Offtake Agreement with California Community Power for the Willow Rock Energy Storage Center

LCG, February 12, 2026--Hydrostor today announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members: CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy Authority and Valley Clean Energy Authority.

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Industry News

Four CA Energy Contracts Settled

LCG, July 16, 2002-The Federal Energy Regulatory Commission and various energy companies have reportedly reached settlements regarding long-term electricity contracts.

According to FERC Administrative Law Judge Curtis Wagner, California officials and energy companies have come to four settlements, and other contracts are under negotiation. The settled contracts have yet to be written up and signed.

Discussions over contracts will continue for the next three weeks, and a settlement conference will occur on August 5 and 6 in Washington, D.C.

Although the names of those involved in the specific four settlements have not been released, negotiation has been ongoing between the California Department of Water Resources and energy companies including Sempra Energy, Dynegy, Williams Cos., Mirant, and Allegheny Energy.

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