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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
NRG Files with NRC to Construct New Nuclear Reactors in Texas
LCG, September 25, 2007--NRG Energy, Inc. (NRG) and South Texas Project Nuclear Operating Company (STPNOC) yesterday announced that they will file a Combined Construction and Operating License (COL) Application with the Nuclear Regulatory Commission (NRC) to construct and operate two new nuclear units at the South Texas Project, located about 90 miles southwest of Houston. NRG expects the new units to commence operations in 2014 and 2015.
The combined design capacity of the new units will equal or exceed 2,700 MW. The existing two units are pressurized water reactors, each with a capacity of 1,312 MW. NRG selected the Advanced Boiling Water Reactor (ABWR) technology for the new units. The NRC issued final design certification for the GE ABWR in 1997, allowing it to be used in U.S. projects. The ABWR is a "Generation III" reactor design that is in operation today, with four operating units in Japan and three more approaching completion in Taiwan and Japan.
STPNOC, together with a contracting team led by GE-Hitachi Nuclear Energy and Bechtel, prepared the COL application that was to be filed yesterday. The COL application includes two key components: a safety analysis and an environmental report. NRG anticipates that the NRC process will lead to NRG receiving its license approval such that it could commence construction in 2010.
The site and cooling reservoir were originally designed for four units, and the plans are for the new units to be built adjacent to the existing two units. STPNOC, which currently operates units 1 and 2, will operate the new units.
NRG owns 44 percent of the South Texas Project, and CPS Energy and Austin Energy own 40 percent and 16 percent, respectively. The nuclear expansion is part of NRG's corporate strategy to increase non-carbon emitting generation and reduce its carbon intensity.
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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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