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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: The Boy Who Cried Wolf

LCG, Feb. 16, 2001Today is another Stage 3 power emergency in California and according to the California Independent System Operator there is the possibility of rolling outages if its hardworking staff doesn't find enough megawatts.

Cal-ISO has been saying that every day for 32 days, and after more than a month of these warnings the message has lost much of its immediacy. However, today is the day that U.S. District Judge Frank Damrell Jr. is scheduled to consider the case in which he temporarily ordered Reliant Energy Inc., Dynegy Inc. and AES Corp. to continue selling power into the California grid. According to the ISO, if that order isn't extended the wolf will be at the door.

In other news:

  • A group of wind, solar, geothermal, biomass and landfill gas electricity generators said yesterday evening that they have formed a creditors' committee in response to Southern California Edison Co.'s ongoing failure to pay for the "environmentally friendly, renewable power" produced by the group in California. The group claims its members are owed $210 million.

  • The California Public Utilities Commission at its meeting yesterday extended by six months Pacific Gas & Electric Co.'s gas supply program that uses the revenue stream from customer bills as collateral for wholesale purchases of natural gas. PG&E serves about 3.9 million gas customers.

  • California Gov. Gray Davis laid out plans to buy 32,000 miles of power lines from PG&E and Southern California Edison Co. during a four-hour caucus last night with Democrats. Assemblyman Fred Keeley said the Democrats discussed paying $7 billion for the 75 percent of the state grid owned by investor-owned utilities.

  • No one was talking about how the state would pay for the transmission lines but legislative sources say it would be through a surcharge on electric bills. Lenny Goldberg, a consumer advocate with The Utility Reform Network, said he had also been told of a rate increase, and worried it would be a "a blank check" to raise prices for the utilities' customers.

  • Efforts to cut the high prices PG&E, SoCal Edison and San Diego Gas & Electric Co. pay for "green" power they are forced by law to buy are meeting resistance. The utilities have been paying $170 per megawatt-hour (and selling the power for about a quarter that) and it was hoped that wind, solar and biomass generators would settle for a 50 percent reduction, but they are balking. Green power simply costs more to generate, they say.

  • We got a haircut yesterday from a barber who has been giving us a trim for close to 40 years. Like a lot of old folks, Aram has been socking his money away in conservative, high-yield stocks, against the day when he can no longer stand at a barber chair all day. He has a lot of PG&E, at an average cost of more than $25 per share. His investment is worth half what he paid for it and no longer has any yield at all. "Aram," we said, "for every 100 shares of PG&E you own, you have subsidized low electric rates for other people to the tune of one thousand, two hundred and fifty dollars." Luckily, he no longer uses a straight razor to trim around the ears.

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