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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

Arrowhead-Weston Transmission Project Moves Forward

LCG, August 27, 2004--The Marathon County Board approved a proposal from American Transmission Company (ATC) to allow a new, 345-kV transmission line through a county-owned recreational area. The overall Arrowhead-Weston line between Hermantown and Wausau will extend 220 miles and is estimated to cost $420 million. The plan calls for completion of the project by 2008. Similar land use agreements will be required with other counties, plus about 850 landowners in Wisconsin and Minnesota.

The Wisconsin Public Service Commission last year approved construction of the Arrowhead-Weston line. Utilities, including Wisconsin Public Service Corp. and Minnesota Power, say it is needed to improve electric reliability. Furthermore, with locational marginal pricing (LMP) to be introduced next year by the Midwest ISO, the additional transmission capacity will tend to reduce locational price volatility.

Earlier this year, Minnesota Power started work on the Hermantown to St. Louis River section and plans to complete the 12-mile segment by early 2005.

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