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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

CPUC Upholds Non-utility Power Deals

LCG, Mar. 22, 2002--By a 3-2 vote, the California Public Utilities Commission yesterday allowed large energy customers who signed deals with non-utility energy providers and marketers through September 2001 to continue as "direct access" customers.

The vote was supported by Jeff Brown, Henry Duque and Michael Peevey, Gov. Davis' latest appointee, after the Legislature had not yet produced legislation concerning "exit fees" that would be assessed on direct access customers. The exit fees, which Brown said would be the PUC's priority, would be a way to spread part of the costs associated with the state's power crisis among all customer groups, and would likely be assessed according to actual consumption. Brown said that if exit fee assessments are not sufficient to mitigate the additional cost impact of deregulation on small customers, he would vote to revoke contracts that were signed after July 1, 2001. A previous vote stopped new direct-access contracts signed after September 20th.

Approximately 12 percent of the energy consumed within the service territories of PG&E, Southern California Edison and San Diego Gas & Electric Co. has been purchased by direct access customers, who include large businesses, municipalities, school districts, and the state university system.

PUC President Loretta Lynch and Commissioner Carl Wood, who voted to end direct access, said that the Legislature's order last year that the PUC suspend direct access meant that the Commission should not try to interpret the law, but implement it. Doug Heller of the Foundation Taxpayer and Consumer Right said of the decision, "they're allowing the very same businesses that pushed for deregulation to escape the problems that resulted from deregulation."

Lynch said the commission voted without a clear legal ability to instate an exit fee. Earl Bouse, who chairs the California Large Energy Consumers Association, and is an executive at Hanson Permanente, a cement company in Cupertino, said that an exit fee as has been proposed by state consultants could wipe out savings realized from direct-access. The fee proposed was 2.395 cents per kilowatt hour, to which Bouse responded, "then it's a question of whether we can continue to do business in California."
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