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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

Dynegy to Build 330 Megawatt Kentucky Plant

LCG, April 16, 2001Dynegy Inc. said this morning it planned to build a 330 megawatt simple-cycle peaking power plant adjacent to its 500 megawatt peaking project in Louisa, Ky. The new Foothills Generating Project will be constructed on the same 20-acre Big Sandy River site as the Riverside Generating Project.

"Our decision to develop the Foothills Generating Project was based on the rapidly growing demands of the wholesale energy market in Kentucky and the neighboring region," said Steve Bergstrom, president and chief operating officer. "In addition to representing further progress in our long-term strategy to expand our generation portfolio throughout the country, this project demonstrates the scalability of our existing assets."

Dynegy said it will sell the power generated at the plant in the wholesale electricity market to investor-owned utilities, electric cooperatives and municipalities throughout the East Central Area Reliability Council and other regions of the country. Commercial operation is expected to begin during the second quarter of 2002.

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