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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
RGGI CO2 Auction Price Exceeds $3/ton
LCG, September 30, 2008--The ten, northeast states participating in the Regional Greenhouse Gas Initiative (RGGI) yesterday announced that the auction of carbon dioxide (CO2) emissions allowances held on September 25, 2008 were sold at a clearing price of $3.07 per allowance. All of the 12,565,387 allowances offered for sale were sold.
The ten states participating in RGGI, a cap-and-trade program designed to reduce greenhouse gases, are Connecticut, Delaware, Maine, Maryland, Massachusetts, New Jersey, New Hampshire, New York, Rhode Island and Vermont. The RGGI program goals include CO2 emissions held to a capped target through 2014, after which the cap is reduced by 2.5 percent annually through 2018 to achieve a 10 percent reduction in CO2 emissions.
Proceeds from the auction totaled over $38 million, which will be shared by the six states - Connecticut, Maine, Maryland, Massachusetts, Rhode Island and Vermont - participating in the initial auction. These states plan to use the funds for energy efficiency and renewable energy technologies to benefit energy consumers.
Another CO2 allowance auction is scheduled to occur on December 17, 2008. RGGI plans quarterly auctions during the first three-year compliance period, which runs from January 1, 2009 to December 31, 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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