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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
Sheringham Shoal Offshore Wind Farm Opens
LCG, September 28, 2012--Statoil announced that the official opening occurred yesterday of the 317-MW, Sheringham Shoal Offshore Wind Farm, which is sited off the coast of Norfolk, England. Offshore wind power generating capacity for the United Kingdom (UK) now exceeds 2.5 GW.
The Sheringham Shoal Offshore Wind Farm is owned equally by Statoil and Statkraft through a joint venture, Scira Offshore Energy Limited, which will operate the wind farm.
The Statoil president and CEO stated, "Statoil has utilised competence from 40 years of offshore experience in the oil and gas industry to complete Sheringham Shoal Offshore Wind Farm. Together with our partner Statkraft we have benefitted from good cooperation with UK authorities, local communities and suppliers. I am proud to say that as a result of this joint effort, we are now able to provide 220 000 UK homes with green power for decades to come."
The wind farm includes 88, 3.6-MW wind turbines. Scira received approval from the UK approximately four years ago, and initial construction began about three years ago. To complete the offshore project, a number of challenges had to be overcome, and these challenges delayed the project completion and increased costs.
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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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