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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

AEP Shareholder Resolution Emphasizes Risk in Emissions

LCG, Apr. 23, 2003--An AEP shareholder resolution seeking stronger actions by the company to detail measures it is taking to reduce its emissions and assess the possible effects of emissions regulation on its profitability received notable institutional support, with 26.9% of shares voted in favor today.

The resolution was recommended by Institutional Shareholder Services Inc. (ISS), which provides advice to management of pension and mutual funds. Connecticut's pension fund and Christian Brother Investment Services Inc. filed the resolution, expressing the opinion that business risks from emissions need to receive exposure due to the evolution of policy on greenhouse gases. AEP executives responded by saying that profitability could be hurt by further emissions-related investment, and that the company is distinguished by having pursued emission reduction more strongly than its competitors.

A spokesman for AEP, which produces approximately 70% of its electric power from coal, told The Wall Street Journal after the vote, "It looks as if many of them followed the ISS proposal." ISS supported a resolution advocating more focus on renewable energy by ExxonMobil last year which received 20% of the vote. It has also opposed similar measures in the case of Weyerhaeuser Co., a maker of forest products, and for PG&E Corp.
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