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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

Newsmakers

Rafael Abati has been appointed general manager of Sempra Energy Europe Espaa, the new Madrid office of Sempra Energy Inc.'s trading subsidiary. Previously, he was with Madrid-based SKS Energy Trading, which he co-founded in 1998.

Douglas T. Hickey has been appointed a director of Plug Power Inc., a maker of fuel cells. He is chief executive and a director of Critical Path Inc., a provider of business-to-business Internet messaging services for the wireless, Internet-centric, telecommunication and corporate markets.

V. J. Horgan has returned to Dallas as president of TXU Energy Trading, a wholly-owned subsidiary of TXU Corp. She most recently was president of Aquila Merchant EnergyPartners in Kansas City.

Richard WoolworthNorthwest Natural Gas Co. He is chairman and chief executive of The Regence Group, a Western affiliation of health plans in Oregon,Washington, Idaho and Utah.

Changes at Energy East Corp.
Energy East Corp., the former New York State Electric & Gas Co., has announced changes in its management and board resulting from its mergers with CMP Group and CTG Resources.

  • David T. Flanagan, president and chief executive of CMP Group, has been named president and a director of Energy East.

  • David M. Jagger, president and treasurer of Jagger Brothers Inc. and a former CMP director, has joined the Energy East board.

  • Peter J. Moynihan, a former senior vice president and chief investment officer of Unum Corp. and previously a director of CMP, has become an Energy East director.

  • Michael W. Tomasso, vice president of Tomasso Brothers Inc. and a former CTG Resources director, is now a director of Energy East.

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