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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

PSEG Requests Permits for 750 Megawatt New York Plant

LCG, May 8, 2001--Public Service Enterprise Group Inc. said yesterday that an ad hoc subsidiary has filed permit applications in New York State for its proposed Bethlehem Energy Center, a 750 megawatt natural gas-fueled, combined-cycle power plant just south of Albany, N.Y.

The new plant will be built on the site of and replace the 400 megawatt Albany Stream Station PSEG acquired last year from Niagara Mohawk Power Corp. The primary fuel for that four-unit plant has been fuel oil.

PSEG said the new plant will not only produce nearly 90 percent more power, it will reduce emissions of sulphur dioxide and oxides of nitrogen by as much as 98 percent. It will also reduce use of Hudson River water by 98 percent to 99 percent.

The company said it expects to have the $400 million project commence commercial operation in late 2003 to mid-2004.

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