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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

FERC Judge Promises CaliforniaRefund Recommendations by August

LCG, Jan. 9, 2002--FERC Administrative law judge Bruce Birchman indicated yesterday at an all-day conference that he will issue a recommendation by August concerning refunds which the state of California and its two major utilities contend are owed them by power suppliers.

Prior to yesterdays hearing, Birchmans recommendation had been expected by March. His findings will go to the FERCs four commissioners, who will consider them in a decision regarding power refunds for wholesale power purchases last year.

The matter of refunds arose after last summers wholesale power market debacle, in which PG&E and Southern California Edisons power purchases at rates as high as ten times their past levels rendered the utilities less than creditworthy. In order to keep power flowing, the states Department of Water Resources stepped in to buy power from the suppliers. As for the actual impact of the recommendations, it will depend upon whether the FERC commissioners, including Chairman Pat Wood, are in agreement with Birchmans assessment. According to Birchman, "To presume the commission will do something is utter folly because the commission has its own priorities and nobody knows what they will be," he said. "Consensus doesn't seem to be a habit here. Compulsion (by an agency judge) seems to work," he added.

The suppliers contend that they too want a swift resolution to the uncertaint over refunds. They stated that they are still owed a significant portion of the revenues from the states purchases. John Estates is a representative for several of the creditors, which include Reliant Energy Inc., The Williams Cos., Enron Corp (which collapsed into bankruptcy last month), Duke Energy Corp., Calpine Corp., Mirant Corp., and Dynegy Inc. Estes said, "No one wants to get this question (of refunds) resolved quicker than the suppliers." He stated, "We were left holding the bag for billions of dollars and that is a significant hardship." During last summers crisis, the gap between what the utilities could pay and what they were able to pay widened as retail rates stayed frozen, and wholesale rates climbed.
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