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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

NY Wind Projects Poised to Start Construction

LCG, August 22, 2007--The New York State Public Service Commission (PSC) last week granted Certificates of Public Convenience and Necessity (CPCN) for the Cohocton and Dutch Hill wind projects in Steuben County, New York.

The combined electric generating capacity of the two wind farms is 127.5 MW. The Cohocton project will include a maximum of 35 Clipper wind turbines, each with a generating capacity of 2.5 MW. Each wind turbine will include a 315-foot diameter, three-blade rotor mounted on a 262-foot tall tubular steel tower. The Dutch Hill project will include up to 16 Clipper wind turbines of the same size.

The projects are being developed by Canandaigua Power Partners and Canandaigua Power Partners II, which are wholly-owned subsidiaries of UPC Wind Partners, LLC. According to the developer, construction on the Cohocton project is to commence this week.
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