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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

More Detailed Set of Events Before Blackout Released

LCG, Sept. 26, 2003--A series of small line failures occurred in Ohio during Aug. 14th, the day of the record-setting blackout, according to a timeline produced by the Public Utilities Commission of Ohio (PUCO).

Among the lines that tripped was Findlay, in the service territory of AEP, which tripped at 3:51 p.m., and in half a second, closed again. Such an event in isolation is normal on any given day, but the report found a greater number of such events than would be expected. The small problems were seen in four utilities' control areas, with over 50 experienced by FirstEnergy and AEP, and others in the territories of Cinergy Corp. and Dayton Power & Light Co.

The timeline and report, which were sent to Ohio Gov. Bob Taft, provide a fuller picture than was available based on any single utility's data.
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