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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

CMS, Co-op Plan 400 Megawatt Illinois Plant

LCG, May 11, 2001CMS Energy Corp. said yesterday that it will partner with electric cooperative EnerStar Power Corp. in development of a 400 megawatt natural gas-fueled power plant southeast of Champaign, Ill.

The $160 million CStar Energy Project would be built on a reclaimed coal mine site between the Illinois towns of Murdock and Newman and be capable through its first phase of generating about 200 megawatts of electricity during times of heavy electric demand, with a second phase of another 200 megawatts planned.

The companies said the Douglas County Board of Commissioners has endorsed the project and permitting applications have been filed with state authorities. CMS will own 56 percent of the project and EnerStar the balance.

"We need a diversified power supply portfolio in order to control our power supply cost," said Tom Hentz, EnerStar president and chief executive. "We've seen the risk involved in the new deregulated market and one way to control risk is diversification. We also want to control our own destiny and one way to do that is to own a portion of our own generating plant."

For fuel, the new plant will tie into a CMS Panhandle Eastern Pipe Line Co. pipeline not far from the site. Expected dates of construction and completion were not disclosed.

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