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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

EPCOR Expands Wind Farm Potential in Ontario

LCG, April 22, 2005--EPCOR has reached an agreement to acquire Port Albert Wind Farms, Ltd. (PAWF), including the development and interconnection rights for more than 270 MW of electric generation derived from the wind along the western shores of Lake Huron.

In Ontario, EPCOR is already constructing the Kingsbridge Wind Power Project that is scheduled to commence operations in late 2005 or early 2006. The 39.6-MW project, located near Goderich, is adjacent to most of the development rights acquired from PAWF.

The Kingsbridge Wind Power Project was selected last November by the Ontario Ministry of Energy following the release of the Ontario government's Request for Proposals (RFP) for renewable energy supplies earlier last year. New energy supplies are critical to the Province of Ontario, which has already committed to closing 7,600 MW of coal-fired generating capacity - including the 1,140-MW Lakeview Generating Station this month - by 2008 in order to improve air quality.

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