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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

Puget Energy Says California Caps Affect Us, Too

LCG, Nov. 3, 2000--Puget Sound Energy Corp. has requested federal regulators to uniformly impose price caps on sellers of wholesale electricity in both the California and Pacific Northwest power markets.

Puget Energy said that price caps set only in California without the same applied in the Pacific Northwest would result in California buying Pacific Northwest power at artificially low prices when they needed it and Pacific Northwest customers paying higher costs when the need is reversed.

"Generally, we do not favor price caps since they do not allow a wholesale market to workcompetitively," said William A. Gaines, Puget Sound Energy vice president of energy supply. "But inthis case, the only thing worse than a price cap is a price cap on only part of the market."

Gaines' remarks came in anticipation of power price limits that could be imposed by the Federal Energy Regulatory Commission in the wake of the agency's investigation into California's wholesale electricity market.

"While Puget Sound Energy strongly supports a competitive marketplace, any federal action thatwill alter the wholesale electric market in one region, needs to apply to all affected parts of thatregion," Gaines added.

In a complaint filed with FERC, Puget Energy pointed out that thousands of power transaction occur each month between California and the Northwest, and told the federal regulators that it is "unfair and unduly discriminatory to protect wholesale purchasers in California with a price cap and yet deny similar protection to wholesale purchasers in another part of essentially the same market, i.e. the Pacific Northwest."

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