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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

Sempra Dedicates New 92-MW Solar PV Facility

LCG, March 20, 2013--Sempra U.S. Gas & Power dedicated on March 15 the Copper Mountain Solar 2 facility in Boulder City, Nevada. Construction on this first phase of the 1,100-acre, 92-MW solar PV farm began in December 2011. The second phase is scheduled for completion in 2015 and will increase the capacity to 150 MW. Power generated from the facility is purchased by Pacific Gas & Electric (PG&E) under a 25-year contract.

"Our hats off to the leadership in the state of Nevada," said the president and CEO of Sempra U.S. Gas & Power. "This state is a shining example of how a pro-growth business climate continues to attract clean energy investments. Our success here today also reflects the vision and leadership of Pacific Gas & Electric, which stepped forward to procure the output of this facility for the next 25 years."

At the dedication, Sempra also announced the start of construction at Copper Mountain Solar 3, which is scheduled for completion in 2015. In total, Copper Mountain Solar 1, Copper Mountain Solar 2 and Copper Mountain Solar 3 will represent one of the largest solar power complexes in the U.S., capable of generating 458 MW.

The electricity generated from Copper Mountain Solar 1, located on a 450-acre site, is under a 20-year contract with PG&E. The electricity generated from Copper Mountain Solar 3, located on a 1,400-acre site, is under contract with the Los Angeles Department of Water and Power (LADWP) and the City of Burbank through an agreement with the Southern California Public Power Authority (SCPPA).
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