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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
Progress Selects Site for New Reactorin Florida
LCG, December 13, 2006--Progress Energy has selected a site in Levy County, Florida near its existing Crystal River Energy Complex for the possible construction of a new nuclear power plant. Company representatives emphasized that the decision to build nuclear reactors at the site has yet to be made and is not expected for at least a year. However, by selecting the site now, the company will be positioned to proceed such that nuclear power could be generated at the site by the year 2016.
The preferred site includes approximately 3,000 acres and is located about seven miles inland from the Gulf of Mexico and eight miles north of the Crystal River Energy Complex, which currently includes a nuclear reactor and four coal-fueled units.
The new power plant would provide baseload electricity to meet increasing customer demands for electricity, which Progress expects to grow by more than 25 percent in the next decade. Nuclear power is seen as viable source of electricity that does not rely on foreign oil supplies and does not emit greenhouse gases.
Progress currently operates five reactors at four nuclear sites, including the reactor in Florida. In November of last year, Progress updated its plans with the Nuclear Regulatory Commission (NRC) and announced that it planned to submit combined operating license (COL) applications for a site in the Carolinas and a site in Florida. Each COL is to include up to two reactors at each site.
Progress stated that the application for the COL for the Florida site may be filed in 2008. Given the NRC approves the application and Progress elects to proceed, construction could start in 2010, with operations commencing in 2016.
In January 2006, Progress Energy Carolinas announced that it had selected its existing Harris Nuclear Plant site to evaluate the addition of new nuclear reactors to serve the growing electric demand of its customers. The original site plan included four reactors, and the company stated that the site offers sufficient land, water and electric transmission capacity to accommodate at least one new unit. Westinghouse Electric Company was selected as the vendor to provide the reactors.
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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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