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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
El Paso Chief Exec to Resign
LCG, February 11, 2003-William Wise, chief exectutive officer of the El Paso Corporation, announced his resignation Monday, although he will stay on through this year.El Paso Corporation, a natural gas pipeline company, has been facing severe debt, in addition to lawsuits, and last week declared $2.9 billion in asset sales as well as a large cut in annual dividends, from 87 cents to 16 cents per share.Shareholders, including an investor group led by the largest single shareholder, Selim Zilhka, have been rallying for changes in the El Paso board and the replacement of the management team.Wise has worked for El Paso for 33 years and as CEO beginning in 1990. He will stay on until a new CEO is found and keep his title as chairman through this year.
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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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