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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
Southern California Edison Submits Market Re-Entry Plan
LCG, May 3, 2002-Southern California Edison (SCE) last week gave the California Public Utilities Commission its plan to reestablish an investment-grade credit rating. The utility, which carries a "BB" credit rating, got into trouble last year when caught between retail price caps and skyrocketing wholesale prices. By January 2001, SCE had $6.35 in "undercollections," and California appointed the Department of Water Resources to buy power in its place. The SCE plan, submitted late Wednesday, asks permission to enter long-term contracts and elaborates on the need to avoid spot purchases. SCE also included prompt rate review by regulators to be implemented if undercollection exceeds 5 percent of SCE revenue; the utility defines "prompt" as less than 30 days. According to the plan, the DWR would initially co-sign SCE contracts, but ultimately the utility would assume full ownership once its credit rating improved sufficiently. SCE hopes that the Commission will approve the plan by September or early October.
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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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