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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

CA Market Post-Memo Investigations Intensify

LCG, May 8, 2002-After yesterday's Enron memo release, regulators and legislators have stepped up efforts to find out exactly what happened to California's energy market in 2000 and 2001.

Yesterday, Federal Energy Regulatory Commission (FERC) released Enron memos linking the California energy crisis of 2000/2001 to intentional market manipulation, including phony congestion and the bypassing of state price caps by selling electricity out of state.

FERC strengthened its efforts, ordering all electricity traders to keep and preserve any existing records relevant to strategy in 2000/2001.

The White House asserted its support of "vigorous" investigation to protect consumers, although specific comment relating to the documents in question was avoided. Previously, during the energy crisis, President Bush and Vice President Dick Cheney refused to help California because the state's problems were, according to them, related to limited supply and not deserving of price caps.

Additionally, the U.S. Securities and Exchange Commission has formalized its investigation of Dynegy Inc., which is involved with deregulated electricity and was a rival to Enron. The company, which posted a $140 million net loss for the first quarter, has agreed to cooperate with securities regulators in their investigation. Dynegy backed out of a $9 billion Enron acquisition last November and has been facing shareholder lawsuits and plummeting stock prices.

U.S. Senator Dianne Feinstein has requested the U.S. Attorney General John Ashcroft to initiate a criminal investigation regarding the released memos.

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