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

Davis-Besse Repairs Increase in Cost and Duration

LCG, Oct. 7, 2002--Repairs underway at the Davis-Besse nuclear power plant in Ohio will require that the plant be out of service until early next year, and are expected to cost owner FirstEnergy more than $100 million above what was originally estimated.

The cost of installing a new reactor head, estimated at between $55 million and $75 million, will remain the same, according to the company. This year's work necessary to bring the plant online will likely increase in cost by $65 million, while next year's follow-up maintenance is seen as incurring $50 million more in expenses than previous estimates.

While the plant is out of service, FirstEnergy has a supply of energy to replace the nuclear plant's output, due to hedging. Of the repairs being performed, only the new reactor head will be capitalized. A leak of boric acid resulted in a hole within the protective reactor head.
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