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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

Northern Illinois to Become Part of PJM in November

LCG, July 10, 2003--The planned October start date for Commonwealth Edison's participation in the wholesale electric power market as part of the Pennsylvania-Jersey-Maryland Interconnection has been pushed to November, according to the grid manager.

Stakesholder input led to the decision to delay the start, said Richard A. Wodyka, PJM's senior vice president. "PJM prides itself on an open, colaborative stakeholder process. Our members and state commissions have requested added time for participant readiness and we are being responsive to this feedback," Wodyka said.

PJM started to handle administrative aspects of transmission services for the part of ComEd's service territory within Illinois. PJM also was permitted to take control of ComEd's transmission assets by the Federal Energy Regulatory Commission. In February, it became responsible for reliability measures in the Illinois ComEd service area.
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