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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

Chinese Natural Gas Priced to Spur Development

LCG, Jan. 24, 2002--The base price of natural gas has been set higher by the Chinese national government, increasing by 2 to 3 percent over last year's levels.

The State Development Planning Commission was the agency responsible for the change, which was welcomed by the country's largest natural gas producer, PetroChina. Pricing will also be changed to make processing and distribution costs less expensive components of an overall price.

According to Huan Guoyu, an analyst for the State Council Office for Restructuring the Economic System who was quoted in China Daily, "the major problem for the gas industry is that the low base price has failed to spur companies to produce more, while the high transmission and distribution charges push the final price too high for users to accept."

The central government is reported to want to spur development in natural gas so that it provides at least 8 percent of the country's energy needs, whereas it now provides 2.1 percent. Coal provides about 75 percent of China's energy requirements. PetroChina has "rich reserves" of natural gas that have been estimated to contain 58.9 percent of China's total gas reserves, but the company's oil output is declining.

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