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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

NRC Issues 'Strategic' Five-Year Plan

LCG, Oct. 17, 2000The Nuclear Regulatory Commission yesterday issued a five-year plan outlining the agency's mission, what it plans to accomplish and how it will be able to know whether it is meeting its objectives. The plan runs through fiscal 2005.

The NRC gives highest priority to public health and safety in its regulation of nuclear power plants, nuclear fuel cycle facilities, nuclear waste disposal, and the industrial and medical uses of nuclear materials, according to a summary of the plan released yesterday.

But, according to NRC chairman Richard A. Meserve, "To be a successful regulator, we must consider the effects of our decisions on the public and the industries we regulate." That means "making our activities and decisions more effective and efficient, enhancing public confidence, and reducing unnecessary regulatory burden."

A multi-megabyte copy of the plan is available from the NRC. Briefly, the agency set goals in four areas: nuclear reactor safety, nuclear material safety, nuclear waste safety and international nuclear safety support.

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