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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

FERC Orders Some California Power Refunds

LCG, Oct. 9, 2001--The Federal Energy Regulatory Commission has ordered four energy firms to repay California and 10 other Western states for overcharges on electricity they sold in July at prices exceeding price caps imposed by FERC in April.

In its April 26 order, FERC said that charges exceeding the caps must be justified by the producer or refunds would be required. Two of the firms failed to justify their charges and two didn't try hard enough.

Reliant Energy Inc. and Williams Energy, a unit of The Williams Cos., did not provide sufficient support for their arguments that they needed to exceed the price caps. Mirant Corp. and Dynegy Inc. filed their paperwork late, leading the commissioners to reject their arguments.

In its ruling, FERC said the four companies "must refund amounts in excess of the mitigated price."

We are not talking about a lot of money. The amount California is due to get has been estimated as only $260,000, and the state spent about $1.5 billion for power in July.

FERC did not reveal how much each of the four companies owed, but a Mirant spokesman said his company was ordered to refund $33,800.

Though the dollar amounts are small, officials with Reliant and Williams said their companies planned an appeal.

FERC could not be reached for details yesterday because of the Columbus Day holiday.

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