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VoltaGrid and INNIO Collaborate on 1.5 GW Deal for Behind-the-Meter Data Center Power Generation

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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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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Industry News

Gas Costs from Energy Crisis Disputed by California

LCG, May 30, 2003--A filing by California and its major utilities on refunds that they claim they are owed for spot power purchases made during the 2000-2001 energy crisis could result in the amount of potential refunds being adjusted upward by as much as 80%, because of disagreement over whether the gas purchase costs of power suppiers have been justified.

The refunds now suggested as a starting point by a judge with the Federal Energy Regulatory Commission total $1.8 billion. California representatives have argued that while the price of gas on the spot market was relatively high during the crisis, generators, some of whom were also gas marketers, need to substantiate costs incurred specifically for generation purposes, rather than those for wholesale gas sales. Risk management mechanisms such as derivatives may also have affected the impact of gas market price fluctuations for the power suppliers.

The staff of the FERC has put forth a calculation to reflect generators' costs that is based on production costs in Canada or the Southwest, as well as transportation charges. A May 22 conference that involved generator and California attorneys brought general agreement on that formula, and thus California's argument rests mostly on obtaining proof for generators' costs. FERC has made no indications of its likely decision; filings are under docket EL00-95-045, at www.ferc.gov/Ferris.htm.

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