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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
New Coal-fired Power Plant Announced for Oklahoma
LCG, July 20, 2006--A group of electric utilities Tuesday announced plans to build a new, 950-MW electric generating plant in north-central Oklahoma. The project will be a joint venture of American Electric Power-Public Service Company of Oklahoma (AEP), Oklahoma Gas & Electric Company (OG&E) and the Oklahoma Municipal Power Authority (OMPA). The estimated cost of the new facility is $1.8 billion.
The new electric generating unit will be located adjacent to OG&E's existing coal-fired Sooner Power Plant near Red Rock, Oklahoma. The single new unit will be used to meet the growing demands for electricity in Oklahoma. The percentage ownership of the plant for AEP, OG&E and OMPA will be 50 percent, 42 percent and 8 percent, respectively. The new unit will be operated by OG&E and will burn low-sulfur coal from the Powder River Basin in Wyoming.
The utilities are pursuing the joint venture to reduce costs through economies of scale and through building a single unit. The project is contingent upon successful contract negotiations and regulatory approvals, including from the Oklahoma Corporation Commission. According to OG&E, the project will be the first to use provisions of Oklahoma House Bill 1910 - which was signed into law last year - that allows utilities to seek pre-approval of such projects before taking on the burden of such a large expense.
Project construction could start in 2007, and operations are scheduled to commence by the summer of 2011.
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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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