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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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NERC's New Annual Assessment Shows Rapid Demand Growth Increasing Resource Adequacy Risks Across North America

LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.

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Industry News

Bankruptcy Court Will Hear PG&E Utility Case Nov 18

LCG, September 26, 2002-The bankruptcy court in charge of California utility Pacific Gas & Electric utility's case will begin confirmation hearings November 18.

The utility, a unit of PG&E Corporation, announced bankruptcy last year when price discrepancies between wholesale and retail electricity brought the utility into financial instability.

The California Public Utilities Commission and the utility came up with separate recovery plans for the utility, and creditors to the utility voted on which of the two plans they would support. The PUC's plan involved keeping the utility's assets under California law, whereas the utility's plan involved splitting up assets into several companies, all but one of which would fall outside of the state's control.

The outcome of creditors' voting favored the utility's plan, but because the vote was not 100 percent in favor, the bankruptcy court will hear both plans.

In court today, the PUC requested that the court postpone its confirmation hearing because of a Ninth Circuit Court of Appeals decision regarding an agreement between the PUC and another California utility, Southern California Edison. The Ninth Circuit found that the SCE and PUC settlement was unlawful; their agreement allowed billions of dollars to be recovered from ratepayers by overcollections. The Ninth Circuit's decision threw the legality of certain aspects of the PUC's plan for Pacific Gas & Electric into question.

Pacific Gas & Electric serves 24 million customers in Northern California.

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