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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

California PUC Approves SCE's Tehachapi Renewable Transmission Project

LCG, December 18, 2009--The California Public Utilities Commission (CPUC) yesterday approved Southern California Edison's (SCE) application to install electric transmission facilities designed to allow more wind power to be developed in southern and central California. The newly approved project includes approximately 250 miles of new and upgraded transmission facilities and substations.

SCE's application is for segments 4-11 of the Tehachapi Renewable Transmission Project (TRTP). Construction has commenced on the first three segments of the TRTP, which includes new lines and upgrades to move wind power from the remote Tehachapi region north of Los Angeles to California's load centers. Once all phases are complete, the TRTP transmission lines will enable 4,500 MW of wind power and other generation to be delivered to load centers.

An SCE spokesperson stated, "This important CPUC decision will enable SCE to tap into additional supplies of clean wind energy to help improve the environment and reduce dependence on foreign sources of energy....TRTP not only would facilitate the interconnection of new wind generation, but also will improve grid reliability to help meet the state's growing demand for electricity from renewable resources."

Construction on the newly approved segments of the TRTP are scheduled to commence next year, given necessary approval from federal land agencies. The project is scheduled for completion in 2014.
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