EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Sage Geosystems Announces Funding for Next-generation Geothermal Power Generation Project

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

Origis Energy Announces Agreement with Meta for Greyhound A Solar Project in West Texas

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

Official Report Submitted Regarding David-Besse Nuke

LCG, April 22, 2002-On Friday FirstEnergy gave the Nuclear Regulatory Commission its official report regarding the corroded David-Besse nuclear reactor.

FirstEnergy reported that its findings were not deviant from the probable cause report it initially filed with NRC.

Boric acid, a product of the operation of the reactor, created cracks in two control rod drive mechanism nozzles. The cracks were found to have probably developed over a time period of at least four years.

Acid also corroded the steel reactor head; boron deposits on the head may have obscured the crack propagation and prevented inspectors from noticing the otherwise dramatic corrosion.

A better reactor head design, or modifications to the existing reactor, would have allowed inspectors to see problems earlier. FirstEnergy noted that correct use of the boric acid corrosion control program could have possibly averted the corrosion.

FirstEnergy also gave NRC a list of corrections underway, including a comprehensive inspection of all equipment and enhancement of the boric acid corrosion control program.

NRC had announced that according to industry standards, FirstEnergy should have found the corrosion much earlier.

Last month four workers at the plant were found to be host to tiny radioactive particles. While the radiation from the particles was negligible, NRC is investigating the incident.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation 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...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service