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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

'Loose Parts' Force Palisades Shutdown

LCG, Sept. 6, 2000The 740 megawatt Palisades nuclear power plant belonging to Consumers Energy Co. was shut down yesterday evening after workers performing x-ray inspections discovered "loose parts" that could affect emergency core cooling operability.

In an event report filed with the Nuclear Regulatory Commission, plant operators said it was conducting radiography examinations at 6:00 p.m. and discovered that the internal parts of a check valve were not in place. The valve is a check valve in one of the reactor's emergency core coolant systems.

A second x-ray of the valve determined that all of the parts were inside the valve somewhere, but not where they should be. At 7:01 p.m., operators began to shut down the plant because the loose parts could adversely affect the operability of other components of the emergency core cooling system.

The plant this morning was in "hot shutdown" mode, meaning it can be easily restarted once the loose parts are nailed down.

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