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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

Idaho Power Pursues PUC Approval for New Wind Farms

LCG, November 10, 2005--The Idaho Public Utilities Commission (PUC) is accepting public comment on the power contracts proposed by Idaho Power Co. and the Exergy Development Group (Exergy) related to four wind projects. The projects are to be constructed in south-central and eastern Idaho and would provide a combined electric generating capacity of 75 MW.

Exergy is developing the four wind projects, which are: the Milner Dam Wind Park, located near Milner Dam in Cassia County; the Lava Beds Wind Park, located between Blackfoot and Arco,; the Notch Butte Wind Park, located between Twin Falls and Shoshone; and the Salmon Falls Wind Park, located near Hagerman and south of Bell Rapids. The first three projects each include 12, 1.5-MW turbines, while the Salmon Falls project consists of 14, 1.5-MW turbines.

Idaho Power states that the projects were well along in the development process such that they should be grandfathered from a PUC order in August that temporarily reduced from 10 average MW to 100 kW the size of projects that could qualify for a rate published by the PUC for renewables under provisions of the Public Utility Regulatory Policies Act of 1978 (PURPA).

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