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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

Absentee Ballots Scotch Frisco Municipal Utility

LCG, Nov. 12, 2001--With 8,418 absentee ballots counted and very few uncounted votes left, backers of two measures in last Tuesday's election that would have created a municipal utility in San Francisco were conceding defeat on Saturday.

Political activists in San Francisco never take "no" for an answer and said they may demand a recount or fight the outcome in court. "We are looking at the various options," said Peter Bagatelos, a lawyer for the public power measures.

One of the measures, which had led 51 percent to 49 percent after votes from all San Francisco precincts had been added up, trailed by 1,114 votes after the absentee ballots had been counted. The other initiative, which would have included the neighboring small town of Brisbane, had trailed earlier by a 51 percent to 49 percent vote and now is a hopeless 5,092 votes behind.

Ross Mirkarimi, who managed a joint campaign for the two measures, said questions abound about how absentee ballots were handled by elections workers. "We don't know if it's incompetence or malfeasance," he said. "We believe this election is chock-full of irregularities."

Tammy Haygood, San Francisco's elections director, said "The election was done in a superb manner."

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