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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

Indiana Township Considers 800 Megawatt Proposal

LCG, Sept. 20, 2000Benton Township, a community near South Bend, Ind., has scheduled four public meetings to learn if its citizens want to go forward with a proposed merchant power plant that would cost between $300 million and $400 million to build.<>P>
William Martin, president of CME North American Merchant Energy, announced the project yesterday afternoon at the Benton Harbor offices of Cornerstone Chamber of Commerce. He then explained the project last night to the Benton Township board of trustees.

CME hopes to build an 800 megawatt, natural gas-fired plant in an industrial park. Martin said the project would employ up to 300 skilled workers during construction and provide about 25 full-time jobs once completed. Commercial operation could be achieved by 2003.

Martin said the output of the plant would be sold into the regional wholesale electricity market and would be delivered over transmission lines owned by American Electric Power Co.

The site preferred by CME is in a so-called "Renaissance Zone," meaning the power plant's owners would pay no real estate or personal property taxes. However, Martin pointed out, the plant would purchase 4 million to 6 million gallons of water daily from the city of Benton Harbor and would have a $2 million annual payroll.

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