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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

Centrica Pays $252 Million for TXU Plants in UK

LCG, Aug. 27, 2001--Centrica Plc, the largest British combined gas and electricity supplier, doubled its electric power capacity Friday when it agreed with TXU Corp. of the U.S. to acquire two power plants on a lease purchase arrangement.

Centrica said it purchased for $252 million two 20-year leases to operate gas-fired power plants in Peterborough and King's Lynn in East Anglia, a region of eastern England. At the end of the leases, Centrica will have the option of acquiring the two plants.

Roy Gardner, Centrica's chief executive, said the deal would boost his company's owned generating capacity from 755 megawatts to 1,460 megawatts, still less than a third of the peak demand from its 4.5 million retail customers.

"Today's transaction reinforces our commitment to grow our electricity business and to continue offering customers a competitive package," he said Friday. Three months ago, Centrica bought a 60 percent interest in Humber Power, a modern natural gas-fueled plant.

Centrica was created with the partial "de-merger" of the British Gas monopoly in 1995.

TXU, for its part, said it is selling generating assets to clean up its balance sheet. The American company is the UK's third-largest combined gas and electricity supplier and says it has plenty of generation, even after selling its 1,000 megawatt Rugby coal-burner to International Power in June.

"This is a significant step towards achieving our optimum generation position in the UK market," said Martin Stanley, president of TXU Europe energy trading, adding that the company would like to sell another 2,000 megawatts of capacity.

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