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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

AmerenUE Plans New Peaking Facilities

LCG, July 15, 2004--AmerenUE plans to install new, natural gas-fired combustion turbines at its existing Venice Power Plant in Venice, Illinois, just north of St. Louis. The project plan submitted for air permits includes three combustion turbines totaling about of 560 MW. However, the immediate plan is to proceed with only two, 170 MW turbines. Construction on the project is planned to begin in the third quarter of 2004, with commencement of operations targeted for October 2005.

The existing Venice Plant has a summer capacity of 73 MW. The plant suffered fire damage in August 2000. Two generators, with a combined capacity of 87 MW, were damaged. The remaining capacity was eventually returned to service and operated until it was retired at the end of 2002. The two new units will basically replace the capacity lost when the units were retired.

The two new units, which can go from a cold start to full load in 30 minutes, are planned to provide peaking capacity. These units would be dedicated to serve Missouri customers if the Missouri Public Service Commission approves the transfer of AmerenUE-Illinois customers to AmerenCIPS. Without that approval, the units would serve both AmerenUEs Missouri and Illinois customers. The new generation does not count toward the 700 MW of new, regulated generation capacity the Missouri Public Service Commissions is requiring the utility to add by June 30, 2006 as part of the rate case settlement.

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