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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

California Poised to Authorize Legislation to Reduce Greenhouse Gas Emissions

LCG, August 31, 2006--California is poised to approve legislation intended to
reduce greenhouse gas (GHG) emissions. Assembly Bill 32, or the "Global Warming
Solutions Act of 2006," incorporates the goal Governor Schwarzenegger set last
year to reduce GHG emissions to 1990 levels by 2020.

After extensive negotiations between Democratic lawmakers and Governor
Schwarzenegger, the bill is now expected to be sent to the Governor for approval
by midnight on today, when the legislative session ends. The Governor has
agreed to sign the bill.

The legislation includes a statewide cap on GHG emissions from electric utilities, refineries, and other selected industries. The program is scheduled for implementation in 2012. The goal is to reduce GHG emissions 25% by 2020 in order to alleviate concerns of global warming that may be caused by such emissions.

The California Air Resources Board would be responsible for developing the
regulations, including an as-yet-to-be defined trading system, plus a mandatory
reporting system to track emissions from the many sources. The bill would allow
for the governor to lift the cap for one year in the event of extraordinary
circumstances.

Related legislation that is anticipated to be sent to the Governor is Senate Bill
1368, which is designed to prevent California utilities from executing long-term
power purchase agreements for electricity from coal plants, which generally emit
the greatest quantity of GHGs (primarily carbon dioxide, or CO2) per unit of
electricity generated of any type of electric generating facility.

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