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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
AES May Challenge U.K. Over Aid to Energy Co.
LCG, April 8, 2003AES Corporation, owner of the Drax power station, may challenge the British governments decision to give 2.1 billion pounds in aid to British Energy.AES finds the financial assistance is unfair because, AES believes, the energy market will be negatively affected and electricity prices will not rise with the market.Late last year the European Commission approved up to 889 million pounds in aid to British Energy in order to guarantee electricity supply and nuclear safety.TXU Europe, the large Drax plants major customer, collapsed recently. Its demise forced AES to reconsider its financial situation regarding Drax. AES may participate in a debt-for-equity trade with Drax creditors for greater than 1 billion pounds.AES is likely to decide whether or not to go ahead with the challenge this week. If the company takes the issue to court, it is likely to file with the European Court of First Instance.
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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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