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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

KCP&L Sells Some Colorado Gas Assets

LCG, Sept. 21, 2000--Kansas City Power & Light Co. said yesterday hat its natural gas development subsidiary would sell about 24,000 acres of producing natural gas properties to EvergreenResources Inc. for $70 million in cash, $100 million in mandatory redeemable preferred stock and $6 million in Evergreen common stock.

The properties KLT Gas Inc. has agreed to sell to Evergreen are located in the Raton Basin of Colorado and represent about fifteen percent of the Company's current natural gas development acreage, the company said.

Gregory J. Orman, chief executive of KLT, said "We have developed these properties to the stage where they are an excellent fit for the buyer, which has allowed us to sell the assets and redeploy the capital in other high growth opportunities."

The transaction will produce a gain of between 60 cents and 80 cents per share for KCP&L, depending on accounting treatment. Bernie Beaudoin, president of the Kansas City utility, said "The significant gain on the sale of these properties demonstrates our ability to create value. We envision a continuous process of recognizing gains for our shareholders through these kinds of transactions."

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