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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

Mirant Receives Approval for NY Plant

LCG, March 27, 2002-Mirant Corporations application to build a 750 MW plant was approved by the NY Siting Board.

Planned for the Bowline station along the Hudson river north of New York City, the plant will run on both natural gas and oil. Preexisting units at the station produce 621 MW and have been operating for almost thirty years.

Consolidated Edison Co of New York Inc. and Orange and Rockland Utilities will get electricity from the new plant via underground cables.

Mirant must also receive permission from the New York State Department of Environmental Conservation.

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