Don't trust the source power spectrum results

Your processing pipeline looks good to me.
To make the import and processing faster and much lighter in terms of memory, you could avoid importing the entire file as a single epoch in the database, by using the menu "Review raw file" instead of "Import MEG/EEG".
https://neuroimage.usc.edu/brainstorm/Tutorials/ChannelFile#Review_vs_Import

Your problem could be due to several things:

  • a reference issue (Source Localization Abnormality - EEG reference problem)
  • a problem of electrodes positions (have you checked that the electrodes are nicely located on the head? - please post a screen capture that shows the electrodes at the surface of the head)
  • a problem in the OpenMEEG computation: try using a spherical model instead
  • a failure specific to sLORETA: try using dSPM instead, or a non-normalized map ("Current density map")
  • a problem due to the absence of noise covariance information: compute a noise covariance from a short segment of recording where no major event occur

I don't know if any preprocessing step performed by EEGLAB could cause additional trouble...
Have you tried reading and processing the continuous files in Brainstorm?