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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

Puget Energy Asks to Recover Higher Power Costs

LCG, Aug. 22, 2001--Puget Sound Energy Co., the utility subsidiary of Puget Energy Corp., said yesterday it has asked regulators to approve a rate increase to recover the net power cost the company incurs in supplying electricity to customers.

The proposal asks the Washington Utilities and Transportation Commission to approve an interim cost-recovery mechanism whereby customers' electric bills would be linked to the company's actual net power costs. This method matches the way Washington utilities currently pass through to customers thewholesale cost of natural gas, at no profit to the utility.

The company said approval of its request would allow it to collect about $84 million for additional net power costs for this year. In a statement, Puget Sound Energy said "While numerous Northwest utilities have had to raise their electric rates steeply in recent months, PSE managed until now to insulate its customers from the increase in costs associated with hydroelectric generation being at record lows and the extremely volatile wholesale power markets."

"The load-serving utilities in the Western states have all been infected by the power cost problemsinitiated by California's mishandling of their situation and misguided federal intervention in thewholesale markets," said Rick Hawley, vice president and chief financial officer.

"We don't want to end up in the same predicament as California. Timely recovery of PSE's costs is critical to ensuring that we keep our customers' rates reasonable and fulfill our customer service obligations. We think it's better to take preventative measures now and cure the disease before long-lasting damage occurs," he added.

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