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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

Vendor for 100-MW Minnesota Wind Farm Selected

LCG, Aug. 6, 2003--Talks are to begin between the Great River Energy cooperative organization and TRIMONT WIND, a group of local investors in a wind development project who live in the area of Minnesota where 100 megawatts of new capacity are planned.

The proposal by TRIMONT WIND was selected over those by other bidders as the one offering the lowest cost and appropriate connections to transmission. Access to delivery points is more direct than it would otherwise be for a project outside the service territory of Great River member cooperatives.

The TRIMONT Area Wind Farm, LLC, would be able to produce power by 2005, and would be sited in Martin and Jackson counties. TRIMONT WIND would own and operate the wind farm, which is close to the Lakefield Junction Station power plant. The investors who make up TRIMONT are customers of South Central Electric Association, itself a member cooperative of Great River Energy.
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