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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 Power Tries to Make Rates More Manageable

LCG, March 25, 2002-Nevada Power produced a new plan to reduce the effect of the $922 million rate increase its customers will be saddled with.

On Friday the Nevada generator presented an adjustment to its previous three year plan to increase rates by 21 percent. The new plan increases rates by 8.8 percent over six years instead.

Basic economics says that this results in higher costs because customers would have to deal with interest over more periods.

State Consumer Advocate Tim Hay says he may appeal the rate case if the Nevada Public Utilities Commission does not reduce rates.

However, according to the Las Vegas Review, Nevada Power chief executive Walt Higgins said that the plan offered hope in the face of rate increases and future power shortages.

The $922 million was spent last year purchasing wholesale power and fuel.

According to Higgins, Nevada Power's plan is made possible by an agreement with Reliant Energy and Williams Cos. High- and low-cost power contracts could then be mixed according to "blend and extend" agreements.

In addition, Nevada Power will buy power from Williams and promptly sell it back to Williams at a profit. At the end of a specified period, Williams would then purchase power from Nevada Power and sell it back at a profit.

Many in the state, such as state Senator Randolph Townsend (R ), still oppose the rate increase, citing state law that only allows for rate increases for practical expenditures.

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