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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

Texas Looks into Possibility of February Market Manipulation

LCG, March 11, 2003-Electricity regulatory staff with the Texas Public Utilities Commission (TPUC) are looking into allegations that generators intentionally caused electricity price spikes in February.

The TPUC market-oversight board is in the process of looking at the state market in order to see whether or not Texas power plant owners and others bid power into the Texas real-time electricity market at unfairly high prices.

The dates in question are February 24 and 25. They were brought into view by a monitoring unit set up to note unusual bidding behavior.

Natural gas prices have increased, and these high fuel costs were expected to increase power prices since a significant proportion of Texas energy is generated by natural gas-fired facilities.

The regional market operator issued an emergency appeal for February 25 because some generators did not have sufficient fuel. Real-time prices for electricity reached as high as $990 per megawatt-hour on February 24 and 25.

The investigating unit will determine whether the bidding process was fair and is also interested in whether or not all available electricity supply was offered or if power was withheld intentionally to drive up the price.

10 companies have been asked to yield records of their real-time bids over $300/MWh during the two-day period. These companies include Automated Power Exchange Inc., Austin Energy, City of Garland LCRA, Mirant Corp., TXU Corp., Dynegy Inc., FPL Group Inc., Calpine Corp., and the Exelon Corp.

The investigation may take two weeks or more.

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