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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

Nonprofit RTO Planned for Pacific Northwest

LCG, Oct. 24, 2000--Nine electric utilities serving eight northwestern states with some 50,000 miles of transmission lines said yesterday they want to form a regional transmission organization to comply with requirements of the Federal Energy Regulatory Commission.

In a filing with FERC yesterday, the eight investor-owned utilities and the Bonneville Power Administration said they wanted to form a non-profit independent system operator governed by an independent board of directors with stakeholders limited to an advisory capacity. The system operator would be called RTO West.

The companies said in their statement that formation of RTO West "is expected to create a more stable environment conducive to investment in the generation and transmission resources needed to meet the growing demand for electricity in the rapidly growing West."

The nine utilities and the line miles of transmission they would contribute to the system are: Avista Corp. - 2,100, Bonneville - 15,000, Idaho Power Co. - 4,600, Montana Power Co. - 6,800, Nevada Power Co. - 1,200, PacifiCorp - 15,000, Portland General Electric Co. - 2,000, Puget Sound Energy Corp. - 2,700, and Sierra Pacific Power Corp. - 1,800.

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