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News
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LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.
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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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Industry News
IEEE Published LCG's Study on How Large Flexible Loads Are Reshaping Texas
LCG, August 25, 2025--We are pleased to share that the paper “Economic Impacts of Price-Sensitive Loads in Electricity Reliability Council of Texas: Quantifying Effects of Large Flexible Loads” has been published on IEEE Xplore.
Co-authored by Sidart Deb and Sumedh Halbe of LCG Consulting, this work examines how the rapid growth of large, price-sensitive loads will reshape ERCOT’s grid economics. Understanding and quantifying these impacts is essential for ensuring a future grid that remains reliable, affordable, and sustainable.
Using LCG’s UPLAN market simulation model, the study quantifies how these loads affect key market and system metrics, including:
- Energy prices and scarcity pricing
- Congestion
- Customer payments
- Generator revenues
- Renewable energy curtailment
- Overall production costs
Special thanks to Srijib Mukherjee and Blake King, the guest editors, for their support and guidance throughout this publication.
Link to the paper: https://ieeexplore.ieee.org/document/11131367
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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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