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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

Italy Threatens to Cut Vatican Radio's Electricity

LCG, March 16, 2001--The Italian government this morning threatened to cut off electricity supply to the Vatican radio station of the Holy See doesn't reduce the electromagnetic emission levels from a huge forest of antennae north of Rome.

"If within 15 days the broadcaster does not get back down under the limits, I will order the nationalelectricity provider to suspend supply to the transmission centers," Environment Minister Willer Bordon told a news conference, adding "If the supplier continued to provide electricity, it too would be held responsible for committing a crime."

Vatican Radio, which broadcasts the voice of Pope John Paul II to Roman Catholics throughout the world, said it was "astonished" by Bordon's threat, saying that a panel representing both Italy and the Vatican was dealing with the problem, which the Italian press calls "electrosmog."

"Vatican Radio is very open to collaborating but the right and just way to deal with the problem is in the commission we've set up," the station's program director Father Federico Lombardi told Reuters news service.

Bordon said measurements taken by Italy's National Agency for the Protection of the Environment had recorded three times Italy's legal limit of electromagnetism during one of Vatican Radio's evening broadcasts.

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