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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
California Bill Would Combine Energy Agencies
LCG, May 9, 2003--A bill to bring numerous agencies overseeing various aspects of California's energy regulation and planning under one roof has passed the California Assembly Utilities and Commerce Committee, and would require that Gov. Gray Davis submit a plan for streamlining regulatory overlap by the summer of 2004.The bill was sponsored by Assemblyman Joe Canciamilla, D-Pittsburg, and now goes before the Assembly Appropriations Committee. Assembly Bill 808 would bring many if not all of the functions carried out by the Energy Commission into a new Energy Agency, and end the existence of the Energy Commission as a distinct entity. The California Public Utilities Commission would continue to be responsible for regulation of utilities, but no longer be involved in policy development.The Electricity Oversight Board, with five members and 26 positions, and created in 1996 specifically to provide advice on implementation and operation of the new market structure, would be eliminated, as would the defunct California Power Exchange. The Independent System Operator, which manages much of the state's power grid, would not be brought under the Energy Agency, and continue in its role.As a Cabinet-level agency, the Energy Agency called for in Assembly Bill 808 would put the Energy Secretary in charge of setting the level of energy reserves necessary. According to a statement by Canciamilla, "the current structure where numerous government entities are involved in planning and regulating has resulted in policy inconsistencies, inefficiencies, a lack of accountability, and a lack of responsiveness." The level of support for or opposition to the bill among legislators or the governor's office has yet to become clear.
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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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