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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

Regulators Approve AEP Transition Plan

LCG, Sept. 29, 2000The Public Utilities Commission of Ohio yesterday approved the plan submitted by American Electric Power Co. Inc. for its transition to a competitive electricity market, PUCO and AEP said in separate announcements.

PUCO Chairman Alan Schriber said "AEP customers can begin to shop for competitive generation services" when the Ohio electric market opens up on January 1. He noted that AEP's plan "came before us as a settlement in which the overwhelming majority of intervenors either supported or did not oppose the resolution of the very complex issues inherent in these cases."

Nevertheless, the regulators did some tinkering with the plan as submitted, prompting Floyd Nickerson, AEP's Ohio president to comment "For the most part, we're pleased with the approval. However, we disagree with the PUCO's treatment of the gross receipts tax, and we will be asking for a rehearing on this issue."

The AEP transition plan affects its Ohio subsidiaries, Columbus Southern Power Co. and Ohio Power Co. Terms of the plan include:

  • Residential customers who do not switch will receive 5 percent off the generation portion of their bills through the market development period.

  • The first 25 percent of Columbus Southern's residential customers who switch will not be required to pay the generation component of current rates and will also receive a shopping incentive of 0.25 cents per kilowatt-hour. Any unused portion of the shopping incentive will be used by AEP to reduce transition charges.

  • The first 20 percent of Ohio Power's residential customers who switch as of Dec. 31, 2005, will be relieved of their obligation to pay transition charges for 2006 and 2007 -- a savings of 0.25 cents per kilowatt-hour.

  • The notice period for commercial and industrial customers who are under contract with AEP, but who choose to switch, is 90 days.

  • Transition charges will end by Dec. 31, 2007, for Ohio Power and by Dec. 31, 2008, for Columbus Southern.

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