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

Japanese Transmission Found Unfair

LCG, April 24, 2002-Japan's Fair Trade Commission asserted today that the country's electricity transmission system discourages independent companies from participating in the market.

Power producers are subject to a ¥0.3 per kilowatt-hour ($0.0023/kWh) fee when using regional power utility transmission lines.

Newcomers to the electricity industry say the grid-use fees, in addition to supply backup fees paid to electric utilities, hinder attempts to enter successfully into the market.

Fair Trade Commission officials said that the current conditions foster monopolies by hampering competition. The FTC would like the Japanese trade ministry to create a new grid framework and will submit a proposal addressing the issue in June.

In March of last year, Japan's retail market was opened to high-volume industrial and commercial users, who comprise some 26 percent of demand. New retail sellers form only 0.46 percent of the large-lot users market and less than a mere tenth of a percent of the total market. Electric utilities remain relatively vertically integrated, serving their own areas and controlling their respective transmission lines.

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