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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
U.S. Supreme Court Will Not Hear CA Contract Case
LCG, June 3, 2002-California lost its appeal over seized electricity contracts on Monday. California governor Gray Davis California seized Power Exchange (CalPX) forward contracts during the California electricity crisis. A San Francisco lower court ruled that Davis could not seize the contracts, and the U.S. Supreme Court denied his appeal without providing comment.Governor Davis took control of contracts made during the crisis on behalf of electricity consumers who faced blackouts. Duke Energy Corporation sued Davis last year, saying that the contracts were seized illegally. The 9th U.S. Circuit Court of Appeals ruled 2-1 in favor of Duke in Davis v. Duke Energy Trading and Marketing.The governor argued that the seizure was acceptable under California's sovereign immunity, whereas Duke Energy argued that it was a violation of the Constitution's Supremacy Clause.
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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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