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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

Combined-Cycle Unit Online in Arizona

LCG, August 4, 2003--A 530-megawatt unit of the West Phoenix Power Station came online today, according to Pinnacle West Energy.

The unit is a gas-fired, combined-cycle addition to the Arizona-based plant, and succeeds Unit 4, which started operating in 2001. In that year, construction on Unit 5 began.

The West Phoenix units 4 and 5, as well as the Redhawk and Saguaro plants, were built to provide power to Phoenix-area customers, through APS, the regulated subsidiary of Pinnacle West Capital Corp., which also owns Pinnacle West.
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