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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
Plains Power Prices Higher Due to Drought
LCG, Feb. 10, 2003--Drought conditions described by the U.S. National Weather Service as "abnormally dry" to "extreme" have lowered hydro power supplies in the Plains states of the U.S. and in Canada, leading to wholesale prices twice as high as they were last year.Manitoba Hydro, which supplies U.S. utilities and wholesalers, has had to buy power from thermal power plants using natural gas and other fossil fuels at the same time that its export revenues have dropped by 16 percent. The company's annual earnings are estimated at C$70 million to C$107 million ($46 to $70 million US) by the time its fiscal year ends in March. Last year, its earnings were C$214 ($140 US) million.The Western Area Power Administration, the U.S. agency that supplies a variety of small customers, including irrigation districts and Indian tribes, has been impacted as well, as snowpack in Montana is 42 percent below normal, while reservoir levels remain below average. The low snowpack means that the Missouri River system's flow through Nebraska, to Iowa and Saskatchewan and Manitoba is reduced. The agency's purchases have been at wholesale prices much higher than normal. They have been seen at $60/MWh recently, compared with $21/MWh last 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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