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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
FERC Receives Criticism Over Grid Incentives
LCG, Mar. 14, 2003--The period allowed by Federal Energy Regulatory Commission (FERC) for public comment on current rulemaking proposals ended yesterday, with a number of commercial energy users and state agencies questioning a method to reward utilities that sell their transmission assets or make them part of regional grids.Numerous estimates were made of how much energy consumers would pay to utilities that were allowed incentives of up to 300 basis points in higher rates of return to yield control of their transmission assets. FERC believes that opening the transmission grid by encouraging regional transmission organizations would lead to lower energy prices. While the Edison Electric Institute, a representative for a group of large investor-owned utilities, put the cost of the incentives at $20 million per year, a group of state consumer advocates estimated their cost at $711 million per year.Profit margins of 15 percent could be possible for utilities under the proposed rules. Williams Cos. Inc. found that the reduction of discrimination in grid access would be beneficial, with the incentives costing residential consumers less than $2 per year. Companies submitting comments to the FERC included Boeing Co., Georgia-Pacific Corp., Hewlett-Packard Co. and Weyerhauser Co. Members of that group found the rates of return that would be allowed to be excessive.
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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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