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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
Regulators Cut Nevada Power's Rate Plan in Half
LCG, April 2, 2002-Nevada Power has been denied its attempt to pull itself out of the red as regulators prevent the utility from establishing its $922 million rate increase.The company had planned to recover $922 million by increasing rates, but Nevada Public Utility Commissioners were concerned that consumers would not be able to pay higher rates and also cited situations where Nevada Power could have avoided the debt it incurred.According to the Las Vegas Review, Commissioners said there was evidence showing that Nevada Power had not taken offers for cheaper electricity at 3 cents a kilowatt-hour from Merril Lynch in December 2000.Some officials fear that the Public Utilities Commission has still been too generous to the utility, and low and fixed-income customers might go without air-conditioning in the Nevada desert this summer.The utility insists it was concerned most about providing power to customers during a power crisis. Analysts say that the utility has little choice beyond filing for bankruptcy in recovering the money it borrowed to buy power and fuel last year. Nevada Power had received permission to raise rates in 2000 and in 2001, but this year the utility was allowed $437 million less than its requested $922 million rate increase.The utility has not yet said whether it will file for bankruptcy, a move that will allow it more flexibility in arranging contracts.
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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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