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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

AEP Talks With FERC Over 2000/2001 Electricity Trading Practices

LCG, August 27, 2003American Electric Power has agree to pay just $45,240 in order to settle allegations of possible manipulative trading practices.

AEP has been under investigation for possibly unethical electricity trading practices such as Death Star, a plan by which imaginary congestion is created on the transmission system with fake transmission requests.

Federal Energy Regulatory Commission (FERC) staff reported that AEPs trading records, while questionable, do not qualify as Death Star trades and thus made the agreement for a $45,240 settlement.

AEP admits no guilt in the process of settling, and a FERC judge and three-person committee must still approve the settlement before it is final.

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