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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

Peco Upgrades Suburban Philly Gas Network

LCG, Nov. 15, 2001--Peco Energy Co. said yesterday it has completed 22 local projects in the Philadelphia suburbs to meet increasing demand for natural gas and improve service reliability.

The company said the projects involved replacement of underground gas mains in many of the region's older boroughs, installation of larger distribution facilities, increasing supply to ensure proper distribution pressure, and extension of new mains to serve growing communities.

The largest of the projects was the construction of a new gas gate station in Chester County, to expand gas supply to the southern end of the county. Gate stations connect the distribution network with nearby interstate pipelines and consist of pressure regulating, metering and odorization equipment.

Peco built a similar gas gate in the other end of Chester County last year and plans to build a third in Bucks County next year.

The company said it spent nearly $1.8 million in Montgomery County on 13 projects, completed two projects in Bucks County and finished "infrastructure upgrades" in Chester County.

Peco said that despite the investment, its natural gas rates will drop 29 percent effective December 1 after a formal rate decrease request was submitted to the state Public Utility Commission yesterday.

Peco delivers natural gas to 430,000 customers in Bucks, Chester, Delaware and Montgomery counties in southeastern Pennsylvania.

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