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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

FPL Completes Virginia Power Plant Expansion

LCG, June 7, 2001--FPL Energy, a subsidiary of FPL Group of Florida, said this morning it has begun commercial operation of a 171 megawatt expansion at its Doswell power plant in Ashland, Virginia.

Doswell is a 708 megawatt combined-cycle, natural gas-fueled merchant plant. The 171 megawatt addition will operate in simple cycle as a peaking unit, FPL said.

"We're extremely pleased to be up and running our new peaking facility. We started this projectexactly one year ago and completed it right on schedule. The expanded capacity gives us greaterflexibility to meet the growing electrical power needs of our customers," said Manny Sanchez, FPL's Doswell plant manager.

FPL said the unit can be converted to a combined-cycle unit at a later time should market demandwarrant a future expansion.

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