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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
FERC Okays PG&E Plan to Protect Non-utility Assets
LCG, Jan. 15, 2001The Federal Energy Regulatory Commission has approved a plan by PG&E Corp. to make changes in its corporate structure which would shield the bulk of its assets from the credit problems of its Pacific Gas & Electric Co. subsidiary, the Wall Street Journal reported this morning in its on-line edition.The paper said there were no challenges to the proposal which was announced in a public notice issued on December 28. Consumer advocates said they were unaware that PG&E had made the filing with FERC.Mike Florio, a lawyer with TURN (The Utility Reform Network, ne Toward Utility Rate Normalization), said he was "astonished" that FERC had approved the company's request without consulting the California Public Utilities Commission.Alan Glover, the company's bankruptcy attorney, said the idea of the restructuring is "to protect the equity value" of the nonutility parts of PG&E Corp. "so they have independent credit vitality." He said the reorganization was a "neutral act" for utility creditors.The plan calls for PG&E Corp. to set up a new company that will hold all of the parent corporation's nonutility assets. PG&E Corp. would appoint a seven-member board of control and received all of the new entity's profits.Credit rating firm Standard & Poor's reacted favorably to FERC's action, noting that the new structure would "ring-fence" PG&E Corp.'s unregulated power trading and merchant power subsidiaries in the event of bankruptcy being forced upon Pacific Gas & Electric.
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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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