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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

New Hampshire Electric Rates Hinge on PSNH Bonds

LCG, March 22, 2001If Public Service Co. of New Hampshire is unable to market between $500 million and $550 million in securitized debt by the end of this month, its electric rates will automatically increased by 5 percent on April 1.

The bond issue is one of three securitized debt issues PSNH and other Northeast Utilities subsidiaries plan to issue over the next month and a half, raising a total of around $2.1 billion. As of Tuesday, PSNH said credit ratings on its issue would not be available in time for a sale this month.

Gary Long, president of PSNH, told the New Hampshire legislature that its bond issue would probably be delayed until mid-April. He pointed out that this would allow a 10 percent rate decrease on May 1, adding that if the 5 percent increase took effect on April 1 the total reduction on May 1 would be 15 percent.

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