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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

TVA Wind Park Under 20-Year Agreement

LCG, Jan. 14, 2002--The Buffalo Mountain wind park, now consisting of three 660-kilowatt turbines near Oliver Springs, Tenn., will expand to a potential capacity of 29 megawatts, the Tennessee Valley Authority has announced.

The output of the facility will be sold under a 20-year power purchase agreement with Invenergy, a Chicago-based firm.

"TVA built the first commercial wind-powered turbines in the southeastern United States, helping launch a successful partnership with local power distributors to give the people of the Tennessee Valley the choice to buy electricity generated from renewable energy sources," said Glenn McCullough, Jr., the TVA's chairman.

TVA has initiated a Green Power Switch® program, which offers the agency's customers the opportunity to purchase power from wind, solar and methane gas sources.
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