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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 Solar Initiative Approved by CPUC

LCG, January 13, 2006--The California Public Utilities Commission (CPUC) yesterday approved the California Solar Initiative (CSI), a program designed to provide approximately $2.8 billion in incentives to spur solar development over the period from 2006 through 2016. The goal is to develop approximately 3,000 MW of electric generating capacity utilizing solar energy.

The CSI includes incentives for customers to develop photovoltaics (PV) and solar thermal electric projects under 1 MW capacity. The initial PV incentive levels will be set at $2.80 per watt effective Jan. 1, 2006 and will be reduced by about 10 percent per year. The incentive levels for solar thermal electric projects and solar heating and cooling will be determined later this year.

The CPUC will oversee a $2.5 billion program for commercial and existing residential customers that is funded by revenues collected through gas and electric utility distribution rates. The CPUC estimates that the average cost to a residential electric customer will be approximately $12 per year and that the average residential natural gas cost will be $1.40 per year.

The California Energy Commission (CEC) will manage $350 million targeted for new residential building construction. The CEC funds have previously been allocated to the CEC to encourage renewable projects between 2007 and 2011. Existing solar programs, such as the CPUC's Self-Generation Incentive Program and the CEC's Emerging Renewables Program, will be transferred into the CSI by the end of this year.

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