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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
PG&E Wants Customers to Cover Rate Shortfall
LCG, Aug. 7, 2001--Pacific Gas & Electric Co. returned to court yesterday, seeking to recovery from its retail customers the cost of supplying them with electricity at artificially low rates mandated by California's failed electric deregulation law.PG&E estimates that it spent about $9 billion more for wholesale power than it was able to charge, and it wants the federal district court in San Francisco to rule that the lower rates it was forced to charge between June of last year and January of this year were unconstitutional and unenforceable because they prevent the utility from recovering its entire wholesale power purchase costs.The company also says in its suit that state law, as interpreted by the California Public Utilities Commission, is unconstitutional and unenforceable insofar as it produces a confiscatory result and fails to provide just compensation for the taking of private property for public use.PG&E's lawsuit follows an earlier filing in May which a judge dismissed "without prejudice" because it was brought before CPUC rate rulings were final.In its filing, the utility notes that a significant amount of theundercollected power costs was for electricity which state law mandated the California IndependentSystem Operator purchase and pass on to the utility in order to maintain electric system reliability,literally "to keep the lights on."Cal-ISO was unrestrained in its efforts, purchasing power at the highest price possible and sending the bill to PG&E.
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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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