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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
Investment Banks Entering into More Energy Trading
LCG, June 3, 2004--Electricity, oil and natural gas are appearing on the balance sheets of an increasing number of New York-based investment banks, as they try to help clients overcome weakened credit ratings as well as profit from volatility in the prices of those commodities.According to the Wall Street Journal, Citigroup Inc. has added oil specialists to its ranks, while Goldman Sachs Group Inc. and Morgan Stanley have signed contracts that they are backing up with acquisitions of fuels and electricity. They are trading on the commodities, and making markets for industries with large fuel consumption, such as airlines, as well as for speculative traders such as hedge funds.TXU Corp. has entered into a joint venture with Credit Suisse First Boston, which has a stronger credit rating, to trade natural gas and electric power. Such partnerships may increase in number as investment banks seek to enter businesses different from their traditional roles, and energy companies recover from their aggressive capital outlays to build power plants a few years ago.
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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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