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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

Deterrents to Midwest Manipulation Get Conditional Approval

LCG, Mar 17, 2003--A system created by the Midwest Independent System Operator Inc. to reduce the likelihood of market manipulation has been given conditional approval by the Federal Energy Regulatory Commission.

The proposal would allow adjustment of suppliers' bids downward if they exceeded threshhold levels and raised the market clearing price by the lower of 200% or $100 per megawatt-hour. Local areas would have differing threshhold levels based on the level of congestion and excess of supply relative to demand.

In addition, the Midwest ISO would fine generators if they did not bid into the real-time market and meet minimum operating levels, such that market clearing prices were affected. FERC did not allow a proposal to fine generators for not bidding into the day-ahead market, as there is no mechanism to compensate generators for providing on-line capacity.

The Midwest ISO would not decide on any penalties it imposed. Rather, they would be determined by an independent market monitor. The Midwest ISO and PJM (Pennsylvania-Jersey-Maryland Interconnection) are continuing to develop compatible sets of rules to allow integration of their markets.
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