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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

Calpine Drops Plans for Peaking Plant

LCG, November 12, 2002-In step with the country's subdued energy market, Calpine has announced that it has scrapped plans for a new power plant in Pajaro, California.

The Pajaro plant would have had a capacity of 45 MW and would have functioned during times of peak demand.

Factors affecting the decision included opposition from residents, who were concerned over water use, and noise and air pollution.

Calpine, based in San Jose, California, owns 16,889 MW of electricity capacity nationwide.

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