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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
California ISO Seeks Plan to Attract Imports
LCG, Apr. 12, 2002--A meeting of the California Independent System Operator and Northwest utilities and wholesale power marketers sought yesterday to make further progress on an effective means to solicit bids from power suppliers out-of-state.The ISO informed the Federal Energy Regulatory Commission this week that imports are less than 1 percent of overall supplies required to meet summer demand, down from 27 to 30 percent. The change is attributed to a February order by the FERC commonly known as "zero dollar bid," because the price received by out-of-state suppliers depends entirely on the market price results determined within California. Northwest utilities and potential exporters in Canada's British Columbia have said that they are unfairly made to accept risk because of the order.Out-of-state producers do not necessarily have to be able to set the market-clearing price in order to have fair bidding opportunities, the ISO has told FERC. The "zero dollar bid" rule was instituted in order to end "megawatt laundering," the alleged practice of California generators selling to out-of-state traders or generators who could resell the same energy as an import to California at a higher price.
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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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