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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
Gas Drilling Goes Deeper to Offset Waning Production
LCG, Oct. 14, 2003--Drilling for gas will soon be conducted at previously unheard-of depths in the Gulf of Mexico's continental shelf.New wells no longer yield the same amount of gas in the Gulf as they once did. Therefore, the Wall Street Journal has reported, firms such as El Paso Corp. and Shell, under the Royal Dutch/Shell Group, are prepared to drill wells as deep as five miles. The willingness to undertake such projects has increased with rising, more volatile natural gas prices, and with forgiveness by the government of royalty payments for some wells at greater depths.One well now being drilled is called "Shark", which Shell Exploration & Production Co. plans to drill to 26,000 feet, about five miles. No deeper well now exists on the continental shelf. A well at a depth of 30,000 is planned by BP PLC, which has stated that it believes most gas to be drilled is deeper than 20,000 feet, more than three miles.
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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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