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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

Nevada PUC Makes Rates Recommendations

LCG, Feb. 11, 2002--In a filing with state regulators last Thursday, the Nevada Public Utilities Commission disagreed with Nevada Power's proposed rate and fee structure.

Testimony by economist William Marcus, with the attorney general's Bureau of Consumer Protection, detailed how under Nevada Power's rate structure, larger users of power would see decreased overall rates, while smaller users would pay more than they do currently. Much of the change would be due to a flat, fixed charge for fixed charges, called a distribution service charge. The fee would replace a current $5 "customer charge" that was to pay for most administrative and billing costs. The monthly fee that would replace the customer charge would be set at $12 for apartment dwellers, $19 for single-family residences, and $21 for small businesses. The fees would be taken out of the per kilowatt-hour charges.

Nevada Power spokeswoman Andrea Smith said that the company hopes to have the current three-tier, block rate structure eliminated; the structure imposes higher costs for increased power consumption, and had led to customer complaints, according to Nevada Power. The PUC wants the block structure to remain, and proposed a revised, two-block structure, which it believes will encourage conservation.

Smith said that Nevada Power's plan was "a step toward cost-based rates, and it's a more equitable means of recovering fixed costs." Marcus found that low-consumption and low-income users of electricity would experience rate increases of up to 26 percent, and that 28 percent of single-family residential customers would experience a rate reduction.

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