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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

Orion Power to Buy Columbia Electric Corp.

LCG, Oct. 3, 2000Orion Power Holdings Inc., an independent power producer created in the restructuring of Baltimore Gas & Electric Co., said yesterday it will acquire Columbia Electric Corp., the electric generation subsidiary of Columbia Energy Group., for $200 million in cash.

Orion will also assume debt associated with projects under development or construction by Columbia electric.

Columbia will sell power plants already in operation prior to Orion's acquisition of the company. Orion will get two power plants under construction and several in various stages of development. The two under construction are the Liberty Electric project, a 568 megawatt combined-cycle plant in Eddystone, Pa., and the 500 megawatt simple-cycle Ceredo Electric Generation Station in Wayne County, W.Va.

Among the plants in an advance stage of development are the 1,650 megawatt combined-cycle Kelson Ridge Generating Station in Charles County, Md., and the 500 megawatt simple-cycle Henderson Generating Station in Henderson County, Ky.

Ceredo is scheduled to begin commercial operation early next year, Liberty in early 2002, and Kelson and Henderson in 2004.

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