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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

Projections of Rules' Effects Require More Data, GAO Says of EPA

LCG, Aug. 27, 2003--The General Accounting Office, the investigative arm of Congress, has found that changes to the implementation of new source review pollution standards proposed by the Environmental Protection Agency have not been sufficiently studied in terms of their emissions and economic effects.

The EPA agreed with the GAO that it can develop closer communication with local providers of data that could be relevant for such analyses, such as regulatory agencies. These agencies, the GAO determined, might identify suitable sources of information on which to base forecasts. A substantial amount of EPA's projections of the possible results from changing requirements for pollution control equipment at power plants and refineries has been based on input from owners of the plants, and their own analyses of the costs relative to continuation of the status quo.

The GAO found that the current status of research concerning the new source review program renders the likely effects of proposed changes to the rules "uncertain."
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