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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

Repowered Colorado Nuke Provides 720 Megawatts

LCG, June 13, 2001Xcel Energy Inc. said yesterday that its Public Service Co. of Colorado subsidiary's conversion of the decommissioned Fort St. Vrain nuclear power plant to operate on natural gas has been completed and the facility is producing 720 megawatts of much-needed power.

Fort St. Vrain was a 366 megawatt high temperature, gas-cooled reactor completed in 1979. The unusual design almost all U.S. commercial reactors are water-cooled was plagued with problems and the plant was permanently shut down in 1989. In 1996, it became the first U.S. nuclear plant to complete decommissioning.

But the infrastructure was still there the switchyard, interconnection with the grid and most of all the steam turbine-driven generator. Since decommissioning, three gas-fueled turbine generators of 140 megawatts each have been installed and a heat recovery steam generator that will provide steam to spin the original generator.

Public Service Co. will need the power. Since 1990, its customer base has grown 20 percent and the average residential customer is using 12 percent more power. There has been concern that Colorado could suffer a supply problem similar to that which caused California's energy crisis.

"Our customers want to know whether we'll face the same situation here. I'm pleased to say that we don't expect to, and the fully repowered Fort St. Vrain station is one of the largest reasons why I am so confident," said Cynthia Evans, an Xcel vice president.

Fort St. Vrain is expected to provide about 12 percent of Xcel's demand in Colorado, David Wilks,president of energy supply for Xcel, told reporters.

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