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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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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.

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Industry News

Energy Companies Adopt Trading Guidelines

LCG, November 19, 2002A group of U.S. energy companies has decided to adopt measures to regulate themselves in order to regain the faith of lenders, investors and regulators.

Officials from 31 energy companies and utilities have come together to form the Committee of Chief Risk Officers, which is responsible for creating voluntary market rules. The group, taking advice from regulators, security analysts, accountants, and credit rating agencies, endeavors to regain investor confidence by establishing energy market standards. The effort has taken shape quickly, beginning last month with Mirant Corp., Constellation, Duke Energy Corp., Tractabel SA, Dominion Resources Inc. and American Electric Power Co.

These rules address governance, credit risk management, and disclosure. While many companies were tepid at most about increased disclosure, peer pressure has apparently won over many industry players, who have now been convinced that greater transparency is the only way to attract otherwise wary investors. Among the measures to be instituted will be specific reporting on different kinds of transactions, in such a way that activities at distinct companies can be compared directly.

Many companies are interested in distancing themselves from the fraudulent behavior that has since landed many energy companies in court and in the red.

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