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Oklo Announces DOE Approval for Nuclear Safety Design Agreement of Aurora Powerhouse at Idaho National Lab

LCG, March 17, 2026--Oklo Inc. (Oklo) today announced that it has signed a U.S. Department of Energy (DOE) Other Transaction Agreement (OTA) to support the design, construction, and operation of Oklo’s first reactor, the Aurora powerhouse at Idaho National Laboratory (INL) under DOE’s Reactor Pilot Program (RPP). The DOE Idaho Operations Office subsequently approved the Nuclear Safety Design Agreement (NSDA) for the fast-fission power plant, and Oklo immediately requested DOE commence review of its Preliminary Documented Safety Analysis (PDSA).

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SPP's Western Expansion Set for Implementation on April 1

LCG, March 13, 2026--The Southwest Power Pool (SPP) announced yesterday that leaders from the participating organizations voted unanimously to proceed as planned with expanding its regional transmission organization (RTO) services into the Western Interconnection. SPP sees the decision to proceed as planned as a strong signal of confidence as SPP and its partner utilities prepare for this key milestone, which will occur overnight between March 31 and April 1.

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Industry News

Company Provides £1 Billion for UK Wind Power

LCG, Feb. 19, 2002--A company with backing from high-profile banks, insurers and law firms will provide £1 billion for wind power in the UK.

The funding would be provided by the company, Aeolus, to as many as 18 off-shore windpower installations. Among the backers are the Bank of Scotland, insurance group Marsh UK, the law firm Norton Rose, Norddeutsche Landesbank of Germany, NIB Capital Bank of the Netherlands, and consultant engineer PB Power.

A partner at Norton Rose, Andrew Newbery, said, "project finance can take years to arrange. But with Aeolus the banks have done all the risk assessments so the money can be arranged very quickly."

Projects are already foreseen by developers such as Shell, London Electricity, Powergen and Amec, and would be situated largely off England's southwestern and northeastern coasts, at an estimated cost of £1.6 billion.

The government wants windpower to account for 3 percent of generation by early 2003. The full capacity of 18 planned windfarms would be 1,600 megawatts.
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