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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
EU Energy Tax May Be Blocked by Italy
LCG, February 18, 2003-The European Union's attempts at taxing the energy industry are likely to fail today due to Italy's opposition.15 EU states support a proposal to levy a tax on coal, gas, and electricity production, in addition to raising minimums on oil product taxes. These additional fees are intended to prevent pollution and climate change.However, Italy would like to continue oil tax breaks because of its reliance on truck transport. In 2000, public outcry against increasing oil prices lead to the initial tax break for truck fuel in Italy. The Mont Blanc tunnel between France and Italy was also closed last year, limiting Italy's transport ability across the Alps.France will also allow for tax breaks but has asserted its willingness to eliminate them within 2 years.The proposal is expected to fail because of Italy's opposition, although talks between German Finance Minister Hans Eichel and Italian Finance Minister Giulio Tremonti have been ongoing yesterday and today regarding this issue.EU officials are anxious to pass the measure before an additional 10 members enter the EU next year; many believe unanimous support will be much harder to achieve in the future.
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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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