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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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NERC's New Winter Reliability Assessment Raises Concerns for Elevated Risk of Insufficient Supplies to Meet Demand in Extreme Operating Conditions

LCG, November 19, 2025--NERC yesterday released its 2025–2026 Winter Reliability Assessment (WRA), which concludes "much of North America is again at an elevated risk of having insufficient energy supplies to meet demand in extreme operating conditions." The WRA does state that resources are adequate for normal winter peak demand, but extended, wide-area cold snaps will be challenging.

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Industry News

New York's Cross Bay Pipeline Files FERC Application

LCG, July 24, 2000--Cross Bay Pipeline Co., a joint venture between KeySpan Corp., Duke Energy Corp. and The Williams Cos., said Friday it had asked the Federal Energy Regulatory Commission for permission to increase deliveries of natural gas across Lower New York Bay and into New York City.

The $59.5 million project will include transfer of ownership of about 37 miles of Williams' existing Transco Lower New York Bay Extension to Cross Bay, an expansion of those existing facilities through construction of a 16,000 horsepower compressor station in Middlesex County, N.J., pipe replacement and system modifications.

Williams and Duke each have a 37.5 percent ownership interest in Cross Bay, while KeySpan owns 25 percent. Construction is scheduled to begin in July of next year with completion expected by Dec. 1, 2002.

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