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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

570 Megawatts New Capacity Planned for Las Vegas

LCG, Aug. 17, 2001--Pinnacle West Energy said this morning it plans to develop a natural gas-fired electric generating station 20 miles north of Las Vegas, Nev. The 570-megawatt Silverhawk Power Station is the first project that the Company will develop in Nevada, the company said.

Pinnacle West Energy is a subsidiary of utility holding company Pinnacle West Capital Corp. and a sister company of Arizona Public Service Co.

"Southern Nevada, particularly the Las Vegas area, is growing faster than most areas of the country," said Bill Stewart, president of Pinnacle West Energy. "Building this power plant in Nevada is a very important step in our overall growth strategy and reinforces our position as one of the top power producers in the West."

Stewart added that "The site we're developing is ideally situated to meet the energy demands of the people of Nevada while also having transmission access into Arizona."

The company said it has started the project engineering and permitting and has purchased major equipment. Construction on the combined-cycle Silverhawk plant, located in the Apex Industrial Park, is scheduled to begin in the Spring of 2002, and the plant is projected to be in service by the Spring of 2004.

The company said it has signed a memorandum of understanding with Las Vegas-based Southern Nevada Water Authority to be a 25-percent owner of the plant. Total cost of building the plant is expected to be about $400 million.

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