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

Correction: San Francisco May Invest In Tidal Power

In yesterday's edition, the generating capacity of a possible tidal-based source of power for San Francisco was put at 2,000 megawatts. The true potential capacity is approximately 1,000 megawatts. While the cost of $2 million stated would be for a pilot project, a full installation is estimated to cost $600 million. The Board of Supervisors approved a pilot study yesterday. The study will likely require two years to complete. We regret the errors.

LCG, May 6, 2003The Board of Supervisors for the City of San Francisco is discussing the installation of tidal power generation in the Golden Gate.

Californias Golden Gate, or the mouth of the San Francisco Bay, sees considerable tidal current pass through it, estimated at an energy potential of 1,000 megawatts. San Francisco typically requires up to 860 megawatts of peak power.

A British-developed tidal power system, consisting of underwater turbines, might be tested if San Franciscos Department of the Environment has its way. HydroVenturi developed the system in question, and the project has been tentatively estimated to cost $600 million. A pilot project would cost $2 million. The company says its design avoids harming wildlife in its turbines, unlike other tidal generation plans criticized for being environmentally unsound.

HydroVenturis system uses the phenomenon known as the Bernoulli effect. When a fluid in a system increases in flow rate, the pressure of the faster moving fluid decreases with respect to slower moving fluid in the system. The companys generator takes advantage of this phenomenon by choking the flow of water through a variable width pipe in order to accelerate the fluid and then utilizing the subsequent pressure drop to drive turbines. These turbines can be located onshore, while the portion of generation submerged does not need any moving parts.

San Franciscos Board of Supervisors will vote today on whether or not to test the system.

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