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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

Vermont Public Service Board Approves the New England Clean Power Link

LCG, January 7, 2016--The Vermont Public Service Board ("Board") on Tuesday issued a Certificate of Public Good to TDI New England (TDI-NE) for the proposed New England Clean Power Link (NECPL). The proposed electric transmission project will increase transmission capacity to enable power supplies in Canada to be delivered into Vermont and New England. Construction is scheduled to commence this year, given other regulatory approvals are received. TDI-NE plans to begin operations in the second quarter of 2019.

The Board authorized the installation and operation of a high-voltage direct current (HVDC) underwater and underground electric transmission line with a capacity of 1,000 MW, a converter station, and other associated facilities. The estimated cost of the project is $1.2 billion. The Board concluded that the project will result in significant economic, environmental, and electric benefits for the state of Vermont.

The HVDC cable will extend from the U.S.-Canadian border approximately 97 miles underwater down Lake Champlain to Benson, Vermont. The cable will then be buried along roads and railroad rights-of-way or on land owned by TDI-NE for approximately 57 miles to a converter station to be installed in Ludlow, Vermont.

Project proponents cited the need to replace power from the closed Vermont Yankee nuclear plant with renewable energy, the minimal aesthetic impacts of the project, increased tax revenues, and the responsiveness they experienced when interacting with representatives of TDI-NE.

The Board cited that ISO-NE estimates that up to 8,300 MW of non-gas-fired generation is "at risk" for retirement by 2020 in the form of 28 older oil and coal units. If all of these units retire, ISO-NE estimates that 6,300 MW of new or re-powered capacity will be needed in the region.

TDI-NE is owned by the Blackstone Group.
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