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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

Alberta Power Generators Want to Export Electricity

LCG, March 19, 2002-Provincial Energy Minister Murray Smith encouraged Alberta to export significant amounts of electricity to the United States.

On Monday Smith told independent power generators that they should avoid keeping Alberta energy inside the Canadian province. He said exports would strengthen the market, deregulated for 15 months.

Currently, the primary connection between Alberta and the Western Power Grid is through a 1,000 MW line via British Columbia.

Many Alberta companies have requested permits to export power.

Opponents of exports worry about the effects on supply as well as increasing electricity rates within Alberta.

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