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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

PJM, French Grid Operator to Swap Knowledge

LCG, Jan. 23, 2001Two of the world's largest electric power transmission operators, the PJM Interconnection Association and the manager of the French national grid, agreed this morning to share technical knowledge and information to help address mutual goals of power systems and energy market operations.

Le Gestionnaire du Rseau de Transport de l'lectricit (RTE), a unit of French power monopoly Electricit de France, is responsible for operation of the French national grid, which serves more than 30 million customers. PJM operates the world's largest competitive wholesale electricity market and North America's largest power grid.

Andre Merlin, appointed by the French Ministry of Energy as director of RTE, said "RTE has 50 years of experience in operating the largest control area in the world and PJM is one of the most successful ISOs, operating different kinds of markets in a deregulated environment. We will learn from each other."

The agreement between PJM and RTE has three objectives, the American agency said.

  • To achieve a rational, safe, and expeditious transition to more competitive electric environments by cooperating on technical innovation, best practices, lessons learned, and the development of systems to operate competitive markets.

  • To combine the knowledge of the two large, multi-state integrated power systems to foster a competitive electric environment.

  • To determine the best practices available to provide efficient and convenient interfaces to market participants.

Phillip G. Harris, PJM's president and chief executive, said "We hope to leverage our collective technical experiences to create the model to power both systems in the twenty-first century."

PJM said a liaison committee, consisting of senior management representatives from both organizations, will be formed to develop a plan for achieving these goals and oversight of the plan. PJM and RTE plan to conduct employee exchanges and open discussions on making use of the Internet, communications, and other high-tech things.

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