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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

Texans Could Get a Summer Electric Bill Rebate

LCG, May 10, 2001The Texas House of Representatives tentatively approved legislation that would give electric utility customers a refund late this summer, despite protests from utilities that "It's premature to be tinkering" with the state's 1999 electric deregulation law.

Customers of Reliant Energy Inc. in the Houston area would see refunds of up to $120 and those of TXU Utilities Co. would get about $54 if the House gives final approval to the measure, it passes in the Senate and is signed into law.

Those are a lot of "ifs" and the utilities say they will fight the measure every step of the way.

When the deregulation law was passed, investor-owned utilities were allowed to accumulate certain "excess" earnings as a hedge against anticipated losses resulting from changes in the industry. The overcharges were to be reconciled with actual losses in 2004.

The losses have not materialized "as yet," say the utilities and some politicians look on the accumulated money as a way to buy votes. "Don't let the message go out that we have a chance to lower their bills and we voted 'No,'" said the bill's sponsor, Rep. Sylvester Turner, a Houston Democrat.

The utilities say coughing up the money could produce financial instability and that could lead to problems like those in California.

But Texas-size problems appear to be a lot smaller than California-size problems. Turner's measure would cost TXU about $212 million, Reliant around $146 million and Central Power & Light Co. a measly $8 million.

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