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Hydrostor Announces Offtake Agreement with California Community Power for the Willow Rock Energy Storage Center

LCG, February 12, 2026--Hydrostor today announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members: CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy Authority and Valley Clean Energy Authority.

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VoltaGrid and INNIO Collaborate on 1.5 GW Deal for Behind-the-Meter Data Center Power Generation

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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Industry News

California Governor Pursues $1 Billion Rate Cut

LCG, May 14, 2003-Yesterday Governor Gray Davis announced his intention to seek $1 billion in rate cuts for utility customers.

Davis has been a noisy participant in the ongoing debate on where the money went during California's energy crisis, and now the governor wants to return money to consumers.

The Californian governor insists that rate cuts are feasible because of increased state capacity and energy conservation. Apparently the California Department of Water Resources (DWR) has found it needs to recover $4.5 billion, not $5.5 billion, from utility customers. Furthermore, Davis noted that more cuts may be possible if the Federal Energy Regulatory Commission finds contracts written during the crisis worthy of $9 billion in refunds.

The California DWR began buying power from generators on the behalf of utilities in 2001 because state utilities did not have good enough credit to purchase power on their own. At the same time, power prices skyrocketed for perhaps less than legitimate reasons, resulting in enormous cost to the state.

The California Public Utilities Commission plans to review Davis's request and has 120 days to act from the date of DWR's revised revenue filing.

Residential and business customers affected by a rate cut would be those of Southern California Edison and San Diego Gas & Electric. PG&E customers would see reduced rates after the utility emerges from bankruptcy.

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