|
News
|
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
|
|
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
CA Commission Submits its PG&E Bankruptcy Plan
LCG, April 16, 2002-The California Public Utilities Commission filed its plan for PG&E's emergence from bankruptcy.The Commission and Pacific Gas & Electric Utility both have ideas about how to erase the $13.5 billion debt that the utility shoulders. According to the U.S. Bankruptcy Court in San Francisco, the utility's creditors will get to vote on which proposal should be implemented.The plan submitted by the Commission calls for payment of creditors, including interest, as well as the re-establishment of an investment-grade credit rating by 2003. The plan includes withholding dividends from shareholders until the end of January next year. The utility would also be required to sell some of its common stock to resolve some thirteen percent of its debt. The unpaid dividends may result in "substantial litigation," according to PG&E, and the utility fears that the sale of stock and the suspension of dividends will be detrimental to employees and retirees who own a lot of stock in the utility.Additionally, the Commission's plan provides for no increase in electricity rates, and PG&E must continue to abide by state regulations. PG&E Corporation, PG&E utility's parent company, will also be partially responsible, monetarily speaking, for getting PG&E utility out of debt.PG&E's rival plan, submitted earlier, suggests breaking the utility into four companies, three of which would fall outside of state regulation and therefore out of the influence of the Public Utilities Commission.May 3rd is the deadline for all objections regarding the Commission's plan, and Bankruptcy Judge Dennis Montali has suggested the 17th of June for the commencement of voting by creditors.
|
|
|
|
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power 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...
|
|
|
|
|
