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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

New York State PSC Grants CPCN for Chateaugay Wind Project

LCG, November 8, 2007--The New York State Public Service Commission (PSC) yesterday granted a Certificate of Public Convenience and Necessity (CPCN) to authorize the construction and operation of the Noble Chateaugay wind farm project near the Town of Chateaugay. The project developer, Noble Chateaugay, plans to begin construction early next year and to complete the project by the end of 2008.

The proposed Noble Chateaugay wind park will have an electric generating capacity of 108 MW and will include 72 wind turbines, each with a capacity of 1.5 MW.

Noble Chateaugay is a limited liability company that is owned by Noble Environmental Power, LLC. JP Morgan Partners, a financial holding company, is the primary owner of Noble Environmental Power, LLC.






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