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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
Avista Asks Washington, Idaho Electric Surcharge
LCG, July 19, 2001Avista Corp. said yesterday that it will ask regulators in Idaho and Washington to approve an energy surcharge to offset the costs of a severe shortage of hydroelectric generation and volatile wholesale market prices for electricity.The proposed surcharge would be applied as a uniform percentage increase to the rates for all customer classes in each state. The company's Washington customers would pay a surcharge of 36.9 percent on top of their existing rates, and Idaho customers would get bitten for 14.7 percent.The surcharge in each state would begin on September 15 and continue until the end of 2003, but if conditions allow, the surcharge could be removed sooner, the company said.Gary Ely, Avista Corp. chief executive, said the need for a surcharge has arisen through a combination of volatile electricity prices, changing market conditions and a continued deterioration in availability of hydroelectric generation, which has weakened the financial condition of the company."Improving the company's cash flow is critical to being able to complete financing plans and to meetvarious debt covenants," Ely said. "Without the surcharges in each state, the company will not be in aposition to access capital at reasonable costs."Ely said the company has been unable to arrange continuing financing for completion of a badly needed power project currently under construction. "Lenders have growing concerns about the projected deferral balances and the absence of some form of mechanism to currently recover the deferred costs on a current basis," he said.
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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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