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Enhanced Geothermal Systems May Drive Significant Growth in Geothermal Power Generation

LCG, February 19, 2026--The EIA released an "in-brief analysis" today regarding the expected completion of the first, large-scale commercial enhanced geothermal system (EGS) in June 2026, and the significant growth potential for year-round, 24x7, carbon-free, renewable EGS power generation in the United States.

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Hydrostor Announces Offtake Agreement with California Community Power for the Willow Rock Energy Storage Center

LCG, February 12, 2026--Hydrostor today announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members: CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy Authority and Valley Clean Energy Authority.

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Press Release

Workshop on Valuing Congestion Revenue Rights in the California MRTU



For immediate release. LCG Consulting will host a workshop covering methodologies for valuing Congestion Revenue Rights (CRR) in the Californian electricity market.

Date: September 9, 2009
Venue: Stanford University

The Market Redesign and Technology Upgrade (MRTU) launched by the California Independent System Operator (CAISO) on March 31, 2009 brought comprehensive changes in the way power markets are operated in California. Wholesale power is now offered at thousands of locations throughout the CAISO network, presenting participants with a new set of opportunities in conjunction with associated risks.

The key financial product with which market participants can arm themselves in this locational marketplace is the Congestion Revenue Right (CRR). CRRs can be used to protect existing positions and to create new opportunities.

Because there is very little history behind this product, the level of sophistication needed to effectively manage CRRs in these markets is lacking. This workshop will facilitate a discussion between market participants on this topic and cover some advanced techniques for effective CRR valuation.

For more information on this event, please refer to the following link. CRR Workshop


Staff Contact:

Madeline Chen
1-650-962-9670 ext. 111
mchen@energyonline.com

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