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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

Six Out of 10 Californians Favor Nukes, Poll Shows

LCG, May 23, 2001The threat of rolling blackouts and higher electric bills has Californians rethinking their priorities, according to a Field Poll released yesterday. Nearly six in 10 now want more nuclear plants to produce large quantities of emissions-free power.

"If California is this way, it has to be good news for the nuclear power industry -- major goodnews," said Mark DiCamillo, director of the Field Institute.

When the Field Institute last tested California's attitude toward nuclear power plants in 1984, 61 percent opposed building more nuclear power plants and that was before the explosion at the Chernobyl plant.

The poll was conducted over a 10-day period ending Sunday, with 1,015 state residents answering questions in English and Spanish.

According to the Field Poll, a growing number of Californians also would like to see a softening of strict environmental rules that keep aging power plants from running. In January, only 47 percent would support relaxing the emissions rules, while today 53 percent are in favor.

The prospect of paying huge electric bills came closest to unifying state residents, the poll found. About 70 percent favor federally-imposed price caps on electricity, with support coming from both Republicans and Democrats.

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