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RWE Commissions the 200-MW Stoneridge Solar Project in Texas

LCG, November 26, 2025--RWE announced today the commissioning of the Stoneridge Solar project, located in Milam County, Texas. The project capacity is 200 MW of solar power, plus a battery energy storage system (BESS) that provides 100 MW (200 MWh) of battery storage capacity. The BESS improves the supply of short-term, reliable, affordable electricity in ERCOT.

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Oklo and Siemens Energy Sign Agreement to Accelerate Power Conversion System for New SMR in Idaho

LCG, November 19, 2025--Oklo Inc. and Siemens Energy announced today that the parties have signed a binding contract for the design and delivery of the power conversion system for Oklo’s Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR). The agreement authorizes Siemens Energy to begin engineering and design work to expedite procurement of long-lead components and to initiate the manufacturing process for the power conversion system. Oklo’s expertise in advanced fission technology will be combined with Siemens Energy’s extensive industry experience with steam turbine and generator systems, with the ultimate goal of generating carbon-free, reliable electricity.

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Industry News

California Okays $400 Million for Power Purchases

LCG, Jan. 19, 2001California Gov. Gray Davis signed two electricity-related bills yesterday evening, one of which will revamp the board of the California Independent System Operator. The other rescinds the portion of the state's 1996 restructuring law that requires the state's investor-owned utilities to sell their non-nuclear power plants.

Neither measure promised much help for Californians who endured a second day of rolling blackouts.

But late yesterday the legislature approved a measure that would provide $400 million to the California Department of Water Resources so it can continue to purchase power for the state's two largest electric utilities, which have been impoverished by subsidizing customers.

Davis said he would sign that bill today. "We're being asked to keep the lights on," he said. "If it requires some money, then money will be appropriated."

State Senate President Pro-Tem John Burton, a San Francisco Democrat, introduced a bill yesterday that would create a public power authority to finance construction of new power plants, help modernize older plants and finance energy conservation programs.

Burton said he was "taking aim at the astronomical energy prices in California."

The state Senate also debated a measure, passed on Tuesday by the Assembly, that would allow the Department of Water Resources to enter into long-term contracts with power producers to purchase electricity at no more than 5.5 cents per kilowatt-hour.

Some lawmakers questioned whether a state agency would be able to buy power that cheap. Power producers have said the soaring price of natural gas, the fuel of choice for thermal power plants in California, has made the rock-bottom price somewhere around 7 cents or 8 cents, even for a lot of power over a long period.

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