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Natura Resources Announces Agreement with NGL Energy Partners to Develop 100-MW SMRs with Large-Scale Produced Water Treatment in the Permian Basin

LCG, February 4, 2026--Natura Resources LLC (Natura), a developer of advanced molten-salt nuclear reactors, announced yesterday that it has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NGL), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. NGL transports, treats, recycles and disposes of more than 3 million barrels per day of produced and flowback water generated from crude oil and natural gas production in the Permian Basin.

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OPG Completes Darlington Nuclear Station Refurbishment Project Under Budget and Ahead of Schedule

LCG, February 2, 2026--Ontario Power Generation (OPG) announced today that construction on the four-unit Darlington Refurbishment project is now complete. Station staff are completing final testing, and the last unit is expected to return to service in the coming weeks. OPG stated that the overall project is currently four months ahead of schedule and $150 million under budget.

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Industry News

California Power Producers Didn't Hold Back, FERC Says

LCG, Feb. 5, 2001Charges that California's independent power producers deliberately shut down plants with the objective of driving up the price of electricity are unfounded, according to a report released Friday by the Federal Energy Regulatory Commission.

"FERC staff did not discover any evidence suggesting the audited companies were schedulingmaintenance or incurring outages in an effort to influence prices," the report said.

"Rather the companies appeared to have taken whatever steps necessary to bring the generating facilities back on-line as soon as possible by accelerating maintenance and incurring additional expenses," the study continued. "Also, the outages did not correlate to the movement of prices on any given day."

An investigation had been demanded by California regulators seeking a reason for the power shortages which have gripped the state since last spring.

FERC said its investigators found that many plants were shut down as a result of their owners keeping them running earlier in the year when the state's transmission operator first began to feel the impact of power shortages.

Jan Smutny-Jones, executive director of the power producers' trade group, said Friday "Hopefully, today's FERC report will quiet those who have tried to blame the producers for the crisis, when in fact we have been and continue to be an important part of the solution to California'senergy woes."

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