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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
Southern Company and Lakeland Electric Focus on New Coal Plant in Florida
LCG, November 8, 2006--Discussions between Southern Company and Lakeland Electric are now focused on a new coal plant to be built at Lakeland's McIntosh Power Plant in Florida. The new, 500-MW pulverized coal project is scheduled to commence operations in 2013.
Last summer it was announced that discussions included Southern investing in both existing and planned electric generating capacity at the McIntosh Power Plant. According to Lakeland Electric officials, Southern was considering the purchase of one-third interest in the existing Unit 5, which is fueled by natural gas and has generating capacity of 365 MW. Discussions also included Southern's possible 60 percent interest in a 500-MW pulverized coal project. The new coal unit would leverage existing coal-related infrastructure used to fuel Unit 3, an existing, coal-fired unit at McIntosh Power Plant. The incremental expansion could allow for a relatively low-cost, new unit.
Southern has now informed Lakeland that it is no longer interested in Unit 5, but discussions continue regarding the new, coal-fired unit.
The Florida Public Service Commission has shown a strong interest in enhancing fuel diversity through its support for the development of new coal-fired generating facilities in Florida.
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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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