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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

California PUC President Talks of "Cooling Off Period"

LCG, Mar 17, 2003--The president of the California Public Utilities Commission, Michael Peevey, appointed to replace the former president Loretta Lynch late last year, said in an interview with Reuters that the uncertainty about deregulation created by the 2000-2001 energy crisis will require hard thinking about possible directions for the state's power market.

Peevey noted that summer supplies will need to be monitored closely due to dry conditions in the Northwest and lower-than-average snowpack in the Sierras. In order to see that supply remains ahead of demand, the former president of Edison International and its utility Southern California Edison said that strong efforts in conservation and the ongoing installation of new conventional and renewable capacity resources are part of current plans developed between the CPUC and two other agencies.

According to Peevey, "this is the first time that state agencies have committed to work together on a single plan." He said, "We need a hiatus for a year or so, a cooling off period, and then look anew at what kind of market we want to have." The current version of the plan he spoke of would include more small generating plants to be used within demand centers and more pipelines for natural gas.

In reference to the prospect for the state obtaining refunds for previously signed long-term power contracts, the PUC president told Reuters that rather than "accept throwaways from FERC" should any refunds fall short of the $9 billion sought, the state would next have to take the matter up with the 9th District Federal Court in San Francisco.
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