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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

Russia and Vietnam Strengthen Nuclear Ties

LCG, April 2, 2002-In Moscow yesterday Russian officials approved a nuclear energy agreement with Vietnam.

As reported by Russian news service Interfax, the Russian Ministry of Atomic Energy is expected to cooperate with the Vietnamese in various nuclear energy-related endeavors such as applied nuclear energy research, nuclear safety, development of uranium deposits, and handling of nuclear waste.

This agreement follows several other recent Russian ventures in expanding nuclear energy relations, including agreements with Iran and discourse with North Korea.

Simultaneously, Japan has invited both Russia and Vietnam, as well as over 40 other Asian and Eastern European countries, to partake in a nuclear safety training program. Last year's program included 1,042 Russian, Chinese and Eastern European trainees.

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