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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

Chinese Government to Break Up Power Company

LCG, Feb. 4, 2002--A plan issued by China's Politburo will result in a major restructuring of the State Power Corporation, separating its transmission grid and electric generation operations between independent companies.

The influence of the State Power Corporation will continue in a lesser form through its majority ownership of two transmission grid companies and at least three of four generation companies. Southern Power will operate the grid in the southern regions, while its counterpart, State Power Grid, will assume control in other areas.

Two of the generating companies, Beijing Datang Power Generation and Huaneng Power International, already have between 5 and 10 gigawatts of generating assets each, but will acquire more from State Power Corp. The other two, SP Power Generation and Guohua Power Generation, will have politically powerful connections - Li Xiaopeng, son of the second-ranking Communist party leader Li Peng, and the State Development Planning Commission, respectively.

Competition among generators will increase under the new arrangements, although the plan does not fully detail the role of State Power Corp., which is likely to direct some aspects of the market. By 2003, when new market arrangements will be in place, the government hopes that the new companies will have purchased most of the countrys independent, locally owned generators.
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