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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

CA ISO Will Receive FERC Monitors

LCG, Sep. 30, 2002--The Federal Energy Regulatory Commission (FERC), after allowing for a month's delay of an increase of the wholesale price cap in California, will oversee the California Independent System Operator with two senior on-site officials.

The price cap had been scheduled to increase tomorrow from $250 per megawatt-hour from the current $91.87 per MWh, but will instead be changed on Oct. 30, following testing of a computer program meant to detect possible attempts at market manipulation. The officials from FERC, characterized as "two senior market oversight people," are likely to represent a measure to be duplicated "everywhere," according to the FERC Chairman, Pat Wood. He dismissed the suggestion that the officials are being sent in connection with the FERC's order that the current CA-ISO board be dissolved.

While the state's governor, Gray Davis, has criticized the lifting of the California cap to a higher level as giving an opening to generators to profit unreasonably, in his view, Wood pointed out that California's cap is below similar caps in other parts of the country, and would represent a step to encourage new supply in the state.

During remarks at a regional business forum in Los Angeles, Wood said that last week's finding by a FERC administrative judge that subsidiaries of El Paso Corp. had withheld large amounts of natural gas from California could result in in "disgorgement of profits," or a withdrawal of the company's right to trade. He and other commissioners will likely examine the substance of the ruling within the next two months.
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