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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

CPUC Plans to Charge "Exit Fee" Aggravate Solar Owners

LCG, March 27, 2003Opposition to a possible California Public Utilities Commission "exit fee" for solar panel owners may sway the commission to abandon it.

The California Public Utilities Commission has been planning to apply a fee for leaving the electricity grid. The fee would come as a small measure among many to slowly reverse the states electricity-related budget problem and would apply to solar panels installed since January 17, 2001.

Possible fees might be in the range of $0.005 to $0.027 per kilowatt-hour, roughly $2.50 to $13.50 added to the average monthly bill.

Meanwhile, those promoting solar and clean power have come to CPUC meetings and spoken in the legislature against any sort of hindrance to people setting up their own clean power.

According to Commission Carl Wood, solar panels are likely to be exempted from the fee, but the commission will continue to seek fees from private owners of fossil fuel generators.

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