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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
Ratepayers to Pay for Stranded Assets in Texas
LCG, Feb. 4, 2004--The extensive building of new power plants in Texas has rendered many older plants less profitable than they would otherwise be, but according to the state's 1999 deregulation law, the impact on utilities will be reduced through stranded asset charges on consumers' electricity bills.The amounts of such charges will be greater than utility commissioners or lawmakers anticipated, and stem in part from the fact that little surplus power generated within the state can be exported to neighboring regions.Stranded asset charges are essentially calculated as the difference between plants' book value and their market value, which are expected to be between $4 billion and $5 billion for CenterPoint Energy Inc., originally Houston Power & Light. This averages approximately $1,000 per customer around Houston. The charges will mean that consumers will not receive refunds as had been anticipated by the Public Utility Commission of Texas in 2001. In the case of TXU Corp., however, a 2002 settlement of $1.3 billion has limited the amounts to be paid by ratepayers for older plants.
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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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