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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 Sends Rolling Blackout Warning Again

LCG, August 21, 2003FirstEnergy Corporation said its customers may suffer rolling blackouts pending todays weather.

FirstEnergy serves 4.3 million customers in New Jersey, Ohio, and Pennsylvania and has been urging them to conserve electricity over this week as the company recovers from last weeks blackout. FirstEnergy is hoping to bring the 1,320-megawatt Perry nuclear plant on line this evening when it reaches 17 percent capacity. Currently it is running at or above 11 percent. Several reactors were shut down during the massive Northeast blackout, and this week temperatures have been on the rise.

FirstEnergy asked customers to conserve energy yesterday and managed to make it through the day without instituting rolling blackouts, although power was cut to interruptible customers in the Cleveland area. Such industrial and large commercial customers give up power in exchange for cheaper rates, and the utility says it saved between 500 and 700 megawatts yesterday by this method.

The company also expects to return three coal-fired generators to service today and has noted that no generators or lines failed yesterday.

The cause of last weeks blackout, which left 50 million people in the dark, has yet to be determined. Some officials have pointed the finger at FirstEnergys service area, but most officials say it is too early to say anything concrete.

FirstEnergy used rolling blackouts on last Friday in an effort to return to regular service.

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