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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

One-Month Delay for MISO Market Opening

LCG, January 28, 2005--The Midwest Independent Transmission System Operator (Midwest ISO) announced yesterday that it will delay the opening of its new, Day-Ahead and Real-Time markets by a month in order to allow further system testing and training to occur. The Midwest markets were previously scheduled to be launched on March 1, 2005.

The schedule retains final trials to occur from January 29 through February 4, followed by system cutover on February 5 to February 20. The new schedule now calls for all market systems to be used for mandatory trials until financially binding activities start with the opening of the market for bids and offers on March 25, and the Real-Time market on April 1.

The Midwest ISO plans to provide the Readiness Certification to operate the market to the Federal Energy Regulatory Commission (FERC) upon completion of the final, mandatory trials. The Midwest ISO states that the change was developed based upon feedback from market participants.

The FERC conditionally accepted the Midwest ISO's proposed Open Access Transmission and Energy Markets Tariff (TEMT) in August 2004. The TEMT includes Day-Ahead and Real-Time energy markets that will incorporate centralized, security-constrained, economic dispatch and LMP-based pricing similar to the operations of PJM, the New York ISO and ISO-New England. The TEMT will include market mitigation based upon conduct and impact thresholds.

The Midwest ISO covers more than 96,000 miles of high voltage transmission lines located in 15 states and one Canadian province. The implementation of the TEMT will alter the market design and competition across a wide expanse, extending from eastern Montana through the upper Midwest - including Manitoba - and south to parts of Kentucky and Missouri. After the TEMT is launched, the FERC's Standard Market Design, with LMP-based pricing, will be effectively in use across the northern half of the Eastern Interconnect.

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