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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

Minnesota Power Plans 160 Megawatt Peaker

LCG, Aug. 9, 2001--Minnesota Power & Light Co. said this morning it plans to build a natural gas-fired electric generating facility near Superior, Wis., to help meet the region's energy needs during times of peak electrical demand.

The 160 megawatt simple-cycle peaking plant would be able to serve the entire Duluth-Superior area if necessary, the company said. The gas-fueled facility would employ a single General Electric 7FA combustion turbine and begin commercial operation in late 2003.

"By adding a generating facility within our service territory, we are providing for the growing electrical needs of our area, while strengthening the regional power grid," said Minnesota Power President Bob Edwards. "The construction of this plant is consistent with our strategy to further increase our presence in the unregulated generation business."

The plant would be built on a site that offers ready access to existing transmission lines and nearby natural gas pipelines. Superior Water Light & Power Co. is currently building a lateral line into the site with the work to be completed later this year.

The new plant will be owned and operated by Rainy River Energy Corp., a Minnesota Power subsidiary created for the purpose. The facility is designed to provide for future expansion to about 300 megawatts.

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