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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

NYSE&G Says New York Short on Energy Supply

LCG, April 6, 2001Utility New York State Electric & Gas Corp. says its state does not have enough in the way of power plants, transmission facilities and natural gas pipelines to support a competitive wholesale electricity market.

"Today, rising total electric prices in parts of New York threaten our economy," NYSE&G's president Ralph Tedesco said. "While NYSE&G strongly supports competition, our experience in New York, coupled with the California experience, underscores the need for us to reevaluate the time frame and infrastructure requirements necessary to achieve our goals."

NYSE&G, in a report with the title "New York State's Electric Energy Crisis and NYSE&G's Comprehensive Solution," says that since the New York Independent System Operator took over the wholesale power market in November 1999, wholesale electricity prices have risen more than 100 percent because there is insufficient in-state supply to create a liquid market.

Ken Klapp, a spokesman for the ISO, said most of what the utility is talking about is being addressed by the ISO and the New York State Public Service Commission.

NYSE&G's "Comprehensive Solution" consists of price caps on wholesale power through 2008.

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