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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

Equitable to Upgrade Gas System for Orion Power Plant

LCG, Oct. 19, 2000--Appalachian natural gas company Equitable Resources Inc. said yesterday it would upgrade and expand its distribution system in order to provide fuel for a power plant located on Brunot Island in the Ohio River, two miles from downtown Pittsburgh, Pa.

The power plant, acquired by Orion Power Holdings Inc. from Duquesne Light Co., is a multi-unit combustion turbine facility that has heretofore been fueled with oil. Orion Power Midwest, an ad hoc subsidiary, is renovating the 397 megawatt facility, reactivating its combined-cycle capability and converting it to natural gas.

Equitable Gas Co. will install 24,600 feet of 16-inch steel distribution pipe and upgrade four district regulator stations. Upon completion of the pipeline and related facilities, Orion Power will enter into a 10-year gas transportation agreement with Equitable Gas to transport up to 100,000 decatherms per day of natural gas to the site.

Orion expects to have the power plant back on-line by the middle of 2002. Equitable said its new facilities would be in service by April of next year.

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