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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

Enron Neglected to Pay Any Income Tax 1996-1999

LCG, February 13, 2003-A Congressional report released today regarding the country's most infamous energy company revealed rampant tax code abuse.

Enron Corporation apparently paid no federal income taxes from 1996 through 1999 and only $325 million in federal income taxes between 1990 and 1995. The company also paid just $63 million in federal income tax from 2000 to 2001.

According to a statement by Democrat Senator Max Baucus of Montana, "Enron not only engaged in accounting gimmicks to boost stock prices, but Enron repeatedly abused the tax code."

Congress's tax law analysts, in the form of the Joint Committee on Taxation, released 2,700 pages regarding Enron's tax returns. The Internal Revenue Service has also examined Enron's tax returns from 1989 through 1995 but is still going through more recent returns.

No statement has yet been released as to how much Enron actually owes in taxes since the IRS is still examining paperwork and the bankruptcy court responsible for Enron's case needs to review any IRS claims.

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