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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

Palisades Nuclear License Extended 4 Years

LCG, Dec. 18, 2000--Michigan utility Consumers Energy Co. said Friday that the Nuclear Regulatory Commission had granted its request to extend the operating license of its 789 megawatt Palisades nuclear power plant by four years.

The original license for the plant was issued in 1968 and would have expired in 2008. However, the license period included the four years the plant was under construction. As modified, the license will now run from March 1971, when the plant began commercial operation, until March 2011.

Getting the extension seems as though it should have taken little more than phone call, but these are weighty matters. "This is a major achievement for Palisades which resulted from thousands of hours of work by our employees," said Robert A. Fenech, the utility's senior vice president for nuclear, fossil and hydro operations.

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