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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

Ontario-Based Bruce Power Unit Online

LCG, Dec. 23, 2003--The Ontario power grid has an additional 1,500 megawatts of generating capacity online, after Bruce Power announced that the nuclear-powered Unit 4 of Bruce A has reached full power.

The next unit to be brought back online will be Unit 3, which will offer approximately an additional 1,500 megawatts. Bruce Power is partially owned by TransCanada Corporation, which retains a 31.6 percenter stake in Bruce Power. TransCanada also owns one-third of Bruce Power Inc., the general partner of Bruce Power.

The restart of Unit 4 began in October, when the output level of the unit was not allowed to exceed 50 percent as tests were conducted.
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