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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

Bonneville to Increase Rates

LCG, Sept. 5, 2000Citing high prices and higher customer demand, Bonneville Power Administration said on Friday it was "forced" to alter its proposed power rates for the next five years. Cutting through the federal agency's casuistry, that means it will extract more money from its customers.

Bonneville said in a news release it "intends to revise the Cost Recovery Adjustment Clause (CRAC) of its 2002-2006 rates so the agency can strengthen its ability to cover its costs over the 2002-2006 rate period." The agency added that it "is not proposing an increase in its basic power rates for the five-year rate period and does not expect to make any change in its basic rates or the CRAC in the first year." That sounds like rates won't change until 2003, but after that look out.

"Our intent is to limit the scope of the modifications primarily to a revision of the Cost RecoveryAdjustment Clause to make it more robust in years two through five of the rate period," explainedJudi Johansen, Bonneville administrator.

What's happening is, electricity consumers in Bonneville's market are trying to hedge against higher power prices by contracting for the agency's cheap federal power and Bonneville keeps signing the contracts even though it doesn't produce enough of that cheap power. So it has to go into the market and buy power and the whole concept of federal power takes a beating.

Bonneville's proposal is an adjustment to a current rate filing it made with the Federal Energy Regulatory Commission earlier this year. Johnson said the agency's customers "are asking for possibly 1,400 average megawatts more than we anticipated in the rate case. Had we stayed with our original rate proposal, the amount of power purchases we would have had to make at the prices we might very well see over the next five years, would have put our financial stability at risk."

Confident in the outcome, Bonneville will go on signing contracts until October 31.

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