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News
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LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.
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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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Industry News
Lenders Cut Maharashtra Electricity Board Some Slack
LCG, Jan 11, 2001Lenders to Dhabol Power Co., Enron Corp.'s big power project near Bombay, India, decided not to take any major action Tuesday after the Maharashtra state electricity board paid its October electric bill, an Indian business newspaper reported this morning.The Economic Times quoted unnamed sources at Indian financial institutions as saying "Lenders have expressed concerned about the huge credit exposure in DPC and were also disappointed over the state government apparent disinclination to honor its guarantee."An emergency meeting had been convened among Enron and the Dhabol project's lenders because the Indian state of Maharashtra's state electricity board had fallen three months behind on payment for electricity produced by the new plant.Over the weekend, the central government of India instructed Maharashtra state to press its electricity board to resolve the past-due bills and Enron had threatened to invoke letters of credit and India's own sovereign guarantee. A few minutes before the creditors' meeting, Maharashtra said it would pay the October bill.Among the institutions participating in the meeting were the Industrial Development Bank of India, the ICICI Bank of India and the State Bank of India, the country's oldest, largest and most successful commercial bank.Maharashtra state electricity board's October bill was for rupees 135 crore, or $28.9 million U.S. The past due November bill, which is still outstanding, is $31.7 million. A December bill for $34.1 million is payable this month.Though the government of Maharashtra bailed out its state electricity board for the October bill, lenders were not confident that it would continue the policy. However, sources close to the Economic Times indicated that pressure from the Indian central government left the state little choice.
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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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