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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

Morgan Stanley Can Buy Duke Power Contracts

LCG, Jan. 20, 2004--The sale of contracts by Duke Energy Trading and Marketing, a unit of Duke Energy Corp., to Morgan Stanley Capital Group has received approval from the Federal Energy Regulatory Commission.

The deal, which includes interests in 241 contracts, would cover short-term and long-term contracts. The sale also would move Duke Energy Corp. nearer to dissolving the Duke Energy Trading and Marketing unit, a joint venture with Exxon Mobil Corp. The unit would retain at least some of its portfolio of contracts.

Duke spokeswoman Kate Perez said that Duke continues to trade using its generating assets. Although Duke Energy North America, the merchant unit, is preparing to sell unspecified plants in the Southeast, the company has plants throughout other regions of the country.
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