EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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

Industry News

Settlement Reached Between Ontario, Coral

LCG, Feb. 24, 2003--Coral Energy has paid C$1.6 million ($1.07 million) to Ontario's Independent Electricity Market Operator (IMO), while making "no admission of a breach of the market rules," according to the IMO website.

The settlement marks the largest such voluntary payment by an energy trader to the IMO. Neither Coral Energy nor IMO spokesmen would provide any information about what transactions were related to the settlement. According to Jimmy Fox, a Houston-based spokesman for Coral, the company did not gain financially from its trades, and did not manipulate the market.

The IMO coordinates the balance of demand and supply based on its monitoring of trades. It has investigated 106 trades that failed before execution during last summer, and has ceased looking into 41 of them. At least double the number of trades being investigated failed shortly after Ontario's retail market was deregulated. Retail price caps were imposed following price increases under deregulation that brought political pressure to bear on the government. The caps are due to expire in three years.

Critics of the return to regulation say that the move discourages investment in new generation, and will lead to a supply shortage and the need for Ontario to buy imported electricity at higher prices. The CEO of Atco Power, Nancy Southern, said last year that strong transmission links to the United States could enable new Ontario-based plants to export power profitably across the border.
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