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Enhanced Geothermal Systems May Drive Significant Growth in Geothermal Power Generation

LCG, February 19, 2026--The EIA released an "in-brief analysis" today regarding the expected completion of the first, large-scale commercial enhanced geothermal system (EGS) in June 2026, and the significant growth potential for year-round, 24x7, carbon-free, renewable EGS power generation in the United States.

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Hydrostor Announces Offtake Agreement with California Community Power for the Willow Rock Energy Storage Center

LCG, February 12, 2026--Hydrostor today announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members: CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy Authority and Valley Clean Energy Authority.

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Industry News

Gas Prices Provided by Williams for Indexes Were False

LCG, Oct. 25, 2002--Natural gas traders for Williams Cos. reported false gas trades to industry publications, Williams announced today following an investigation into the matter.

The Commodities Futures Trading Commission is currently investigating the circumstances under which the false reporting by some traders took place, with the cooperation of Williams. A survey of anonymous traders is made by publishers of price indexes, which are used in many contracts to determine the terms of settlement. Dynegy and American Electric Power indicated last week that the prices of some trades reported to Platts, a McGraw-Hill Cos. division, had been false.

Williams does not report trading information to industry publications at present, following its significantly reduced emphasis on trading operations. The company is now trying to improve its liquidity through asset sales.
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