EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Sage Geosystems Announces Funding for Next-generation Geothermal Power Generation Project

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.

Read more

Origis Energy Announces Agreement with Meta for Greyhound A Solar Project in West Texas

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.

Read more

Industry News

Judge Adds a Week, 3 Firms to California Power Order

LCG, Feb. 9, 2001U.S. District Court Judge Frank Damrell again yesterday extended his restraining order requiring merchant power sales to continue to the California Independent System Operator, but this time he added three firms and said the extension would stay in effect until next Friday.

On Tuesday, Judge Damrell had ordered Reliant Energy Inc. to continue to sell power to Cal-ISO pending a hearing Wednesday. After Wednesday's hearing, he continued the order until another hearing yesterday. Yesterday, he ordered Reliant and three other companies to continue their power sales until February 16.

Added to the order were power producers AES Pacific Inc. and Dynegy Power Co., which were not covered by the original restraining order because they said they would continue to deliver power pending yesterday afternoon's expected ruling, and The Williams Cos. which markets power for AES.

All four companies have said they were willing to sell power to the California Department of Water Resources, but were chary of selling to the ISO for fear of not getting paid.

In his opinion, Judge Damrell wrote "While the precise amount of electricity available from defendants to respond to emergency dispatch orders is uncertain and in dispute, it is nevertheless significant, and its loss poses an imminent threat of blackouts."

"We're pleased that the judge understood the problem," ISO spokesman Patrick Dorinson said, "it could have created a very serious situation for California."

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service