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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

Defunct Utility.com Makes Refunds in Pennsylvania

LCG, May 15, 2001Pennsylvania Consumer Advocate Sonny Popowsky said yesterday that a defunct Internet-based electricity supplier will make refunds averaging about $70 each to more than 1,000 Pennsylvania customers who had switched to the failed dot-com.

Utility.com was licensed to provide electric generation service in Pennsylvania, but went out ofbusiness in early March of this year. The Office of Consumer Advocate filed a complaint for refunds against the dot-com with the Pennsylvania Public Utility Commission on behalf of state customers who were entitled to refunds when their service was terminated.

Refund checks are being sent in intervals, depending upon when Utility.com received final usageinformation from Pennsylvania electric utility companies, Popowsky's office said.

Most of the first group to get refunds live in Duquesne Light Co. and Allegheny Energy service territories. Refund checks to customers residing in other utility service areas are expected to be issued within the next several weeks, as final bills are calculated, the advocacy office said.

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