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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

150-MW Wind Project Announced for Saskatchewan

LCG, Sept. 8, 2003--A wind farm of 50-150 turbines could begin producing power in the Canadian province of Sasketchewan by 2004 or 2005, according to SaskPower International, which has formed an agreement with ATCO Power to engage in the project jointly.

While production would not necessarily begin next year, it is likely that output would increase gradually, through March 2007. The wind farm would be able to provide up to 150 megawatts at peak capacity, and over a year, would produce approximately the amount of power 64,000 households use over the same period.

The exact site for the project has not been selected, although tests of different locations are underway to identify the most promising among them.
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