EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

NERC's New Annual Assessment Shows Rapid Demand Growth Increasing Resource Adequacy Risks Across North America

LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.

Read more

Industry News

Western Resources, PNM Break Off Merger Talks

LCG, Aug. 14, 2001--Public Service Co. of New Mexico announced that talks with Western Resources Inc. on their proposed $4.4 billion agreement have broken off, but added that the deal isn't dead and the companies will try to resolve their differences.

PNM said in a news release yesterday that the two companies "are in disagreement about the future of the transaction" but Jeff Sterba, the company's chief executive, said "PNM remains committed to the strategic benefits of bringing the two companies' electric operations together."

Western Resources issued a statement saying that PNM's "characterization" that the Kansas company had broken off the talks was wrong. "We have continually expressed our willingness to work with PNM and believe the current transaction can be completed without significant modification of the economic terms," said David Wittig, Western's chief executive.

Recent rulings by the Kansas Corporation Commission appear to be the fly in the ointment. In one ruling last month, the commission blocked Western's restructuring plan, which would have split its regulated electric utilities off from its unregulated business. Western says the restructuring is an essential part of the merger. In another ruling, the regulators denied a $151 million rate increase for the regulated utilities.

Sterba agreed that the rulings were at the heart of the problem. "We continue to believe that the merger agreement with Western, as currently structured, cannot be consummated if the KCC orders stand and the KCC's expressed concerns are not addressed by Western," he said.

Western's two utilities, Kansas Power & Light Co. and Kansas Gas & Electric Co., serve 636,000 customers in the Sunflower State. Together, they are the state's largest electric company.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service