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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

NSTAR Transmission Upgrade Receives Approval from State

LCG, January 14, 2005--Yesterday the Massachusetts Energy Facilities Siting Board unanimously approved an earlier draft decision to accept NSTAR's proposal to construct a new, 345-kV electric transmission line designed to improve system reliability and capacity between generation facilities located in southeastern Massachusetts and Rhode Island, and loads in northeastern Massachusetts and the Greater Boston area.

The load area is now served by a single 345-kV line from the north, plus several low voltage line, and has limited options for competitively priced, electricity supplies.

The new, 18-mile, underground transmission line will extend from Stoughton to Boston and is estimated to cost $217 million. Project construction is planned to commence in early spring of this year, with the line in service by June 2006.

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