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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

Allegheny Energy to Build 1,080 Megawatt Arizona Plant

LCG, Oct. 19, 2000--Allegheny Energy Inc. said yesterday that its unregulated generation subsidiary plans to build a 1,080 megawatt natural gas-fired merchant generating facility in Arizona, about 75 miles west of Phoenix.

Allan J. Noia, chief executive of Allegheny Energy, said "This facility will give us our first generating capacity in the western United States and shows we are making significant progress toward becoming a national energy supplier."

Allegheny Energy Supply Co. is expected to begin construction of the $540 million combined-cycle facility sometime in 2002, with commercial operation scheduled for 2005. Output from the plant will be sold into wholesale markets served by the Western Systems Coordinating Council, including most of the western U.S. and Canada.

Arizona's La Paz County looks forward to the revenue the plant will produce. Joyce Barker, a county supervisor, said "Our county will see a big boost in the economy during construction, as well as several million dollars in increased tax revenue once it is complete."

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