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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

Ex-Enron Trader Expected to Admit Fraud

LCG, October 17, 2002-A former employee with the West Power Trading division of Enron is expected to plead guilty to charges of fraud, according to a Reuters source.

Timothy Belden worked in Portland, Oregon during the California energy crisis and has been charged with conspiring to commit fraud.

Reportedly, Belden will plead guilty today to one count of conspiracy to commit wire fraud, an offense which in this case is related to the manipulation of California's electricity market.

He is expected to plead guilty in exchange for leniency as he will help government officials to investigate higher-level Enron executives. While Belden's lawyer has publicly contended that her client is not an upper level executive and was not acting out of greed, Senate committee investigators are of the opinion that Belden played an integral role in Enron's market manipulation strategies.

Belden's case is being heard in U.S. District court in San Francisco at noon.

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