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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 Capsule: Grand Jury May Probe Power Producers

LCG, June 14, 2001California Attorney General Bill Lockyer said yesterday hi will ask the Sacramento County Grand Jury to join his investigation into possible criminal actions by electric power companies that have led to high wholesale power prices.

Lockyer, who said the other day he would like to personally throw the chairman of one of the largest U.S. energy companies into a jail cell with a sex-starved "tattooed dude," now says he has reached no conclusions about possible criminal acts, but would like the assistance of grand jury testimony.

"I just want to make sure that we investigate every possibility," Lockyer said. "Some people conclude that we have no evidence. That's not what I'm saying I'm saying we're in the middle of evaluating evidence."

Lockyer said he would take the investigation to the grand jury after it convenes for the new fiscal year on July 1. He did not know how long the grand jury might deliberate on the matter. Criminal violations could involve California's racketeering, unfair business practices, fraud and antitrust statutes, he said.

But apparently nothing that would warrant throwing a respected businessman in the drunk tank.

Judge Orders Power Contract Disclosures
San Diego Superior Court Judge Linda Quinn yesterday ordered California to disclose by Friday edited versions of the contracts for long-term power purchases entered into by the state Department of Water Resources.

Judge Quinn also set another hearing for June 27 to decide whether the contracts should be disclosed in full and whether short-term power purchase deals should be released. Gov. Gray Davis has opposed releasing any details of any contracts, but is expected to vigorously oppose releasing details of the water agency's forays into the volatile wholesale power spot market.

On Tuesday, the governor backed down on the long-term contracts, saying he was willing to make public the details of $42.8 billion in deals with 18 suppliers if the court released the state from confidentiality requirements in the contracts.

Judge Quinn's order was in response to a lawsuit brought be state news organizations challenging the non-disclosure of public records involving the expenditure of billions of dollars in taxpayer money.

Power Producers Not 'Guilty' Expert Says
Severin Borenstein, an economist who heads the University of California Energy Institute, told a U.S. Senate panel yesterday that independent power generators have acted legally in raising rates.

In testimony before the Senate Governmental Affairs Committee, Borenstein said "It is not in itself illegal so long as the companies do not act in concert," adding that given the circumstances, "It would be surprising if generators didn't exercise market power."

Committee Chairman Joe Lieberman, D-Conn., said he was a fan of free markets, "But we're looking at an energy market in California and in the West that is not free. The fact of the matter is that the California market is not even functional."

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