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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
ERCOT reviewed Frio County Transmission Project
June 18, 2020 - In November 2019, 7X Energy submitted the Frio County Transmission Project to the ERCOT Regional Planning Group (RPG) as an economic-driven project to address projected transmission congestion in the Frio County area. This is supported by an independent economic benefit study performed by LCG Consulting using its proprietary UPLAN model, the same economic planning model utilized by ERCOT, in accordance with ERCOT procedures. LCG’s analysis shows significant annual production cost benefit for the transmission upgrades in question.
In the independent review completed in May 2020, ERCOT identified transmission congestion on the 69-kV and 138-kV transmission system in Frio County, and a total of seven transmission upgrade options were evaluated. ERCOT concluded that the upgrades identified in Option 5 would provide the most cost-effective solution to the identified congestion while meeting the ERCOT economic planning criteria. Option 5 is estimated to cost $12.13 million and is described as follows:
- Rebuild the Moore – Big Foot 138-kV line such that the summer normal and emergency ratings are at least 485 MVA
- Reconductor the Moore – Hondo Creek 138-kV line such that the summer normal and emergency ratings are at least 382 MVA
The recommended option is classified as a Tier 2 project based on the ERCOT Protocol Section 3.11.4.3(2), and the project is expected to be in-service by Summer 2021.
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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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