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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

Electricity Traders Form Trade Association

LCG, November 5, 2002Several energy traders have created an association in order to fortify themselves against unstable energy markets.

Amerex Group, GFI Group, APB Financial LLC, Natsource LLC, Prebon Energy, Starsupply Petroleum LLC, and TFS Energy LLC recently joined forces to form the Energy Brokers Association.

These groups want to show that they are setting standard, reliable trading practices and intend to work with outside companies and government bodies.

The association has mentioned it will work to specify the purpose and activities of over-the-counter traders, among other issues.

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