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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

800-MW New England Plant Comes On Line

LCG, July 31, 2003Exelon Generations Fore River plant began operations today.

The 800-megawatt natural gas-fired combined cycle generating station was built in Weymouth, Massachusetts.

Fore River consists of two gas turbines and one steam turbine. Its three turbines can be operated with natural gas or oil. The plant will provide capacity for the New England region.

Exelon Generation is based in Chicago, Illinois and owns roughly 4,400 megwatts of generating capacity.

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