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NERC's New Annual Assessment Shows Rapid Demand Growth Increasing Resource Adequacy Risks Across North America

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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Sage Geosystems Announces Funding for Next-generation Geothermal Power Generation Project

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

Illinois Power to Quit Midwest ISO, Join Alliance RTO

LCG, Sept. 21, 2000--Illinois Power Co. said yesterday it would quit the Midwest Independent System Operator and join the Alliance Regional Transmission Operator, pending approval from necessary regulatory bodies including the Federal Energy Regulatory Commission.

The company said it expects its withdrawal from MISO to be effective no later than December of next year, but the Midwest grid operator isn't so sure. MISO, however, offered no reasons why it expected the change to be delayed.

Illinois Power, which was one of the original nine utilities that formed MISO in January 1998, said one reason for the change was that membership in Alliance would provide "greater flexibility and cost savings while maintaining reliability in moving large amounts of electricity across the nation's transmission grid."

Another important consideration, Illinois Power said, is the fact that many members of Alliance operate in states that have electric choice, unlike most MISO members. Kathy L. Patton, general counsel for the utility, said "Now, with continued experience in the developing marketplace, membership in MISO is no longer the best option for (Illinois Power) and its customers."

A third consideration could be that the Alliance RTO plans to earn a profit on its operations.

Withdrawal from the nonprofit MISO is permitted members whose ownership of transmission assets changes. That condition was met with the merger of Illinois Power's parent holding company, Illinova Corp., with Dynegy Inc.

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