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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

FirstEnergy Nuke Restart Planned

LCG, Sept. 22, 2003--The Ohio-based Davis-Besse nuclear plant that was shut in February 2002, and belonging to FirstEnergy, may be restarted in four to six weeks following extensive testing, according to company officials.

Extensive corrosion of the reactor-vessel lid, which went undiscovered during a number of prior inspections, led to the shutdown. Since that time, the loss of the 925 megawatts has impacted the local availability of generation in northern Ohio. Investigators of the August blackout have noted that this put the FirstEnergy service territory in a vulnerable position before another coal-fired unit tripped offline.

Testing has focused on the cooling system for the plant, and operating pressure was gradually increased during procedures last week until difficulty with a valve brought a halt to the test. Lew Myers, FirstEnergy's chief operating officer for the nuclear division, has stated that the cooling system tests are giving promising results. A restart would need to have the approval of the U.S. Nuclear Regulatory Commission.
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