Thanks for coming back to the thread @joargent and I'm pleased to hear that the hub isn't overheating.
I've looked into the local area and no outages are present.
Can you possibly switch the hub off using the switch on the back of the hub and then unplug the hub from the mains for 30 minutes.
Once this has completed power the hub back up and see if the red light re-appears.
Please report back to us once this has been completed with the outcome.
Kindest regards,
David_Bn