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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

Citizens of Sri Lanka Experience Shrinking Power Cuts

LCG, April 22, 2002-Sri Lanka's Power and Energy Minister Karu Jayasuriya announced that daily power cuts will be decreased to only two hours.

Daytime power cuts will no longer occur, and evening power cuts will be reduced.

While Californian's complained about rolling blackouts in 2000 and 2001, Sri Lankans have endured more than five hours a day of blackouts.

The country relies on hydro-electric power, and drought last year proved severely detrimental to electricity production.

Jayasuriya asserted that full power will be restored by June, and a 900 MW coal-fired plant is being planned. The government has been encouraging renewable energy projects, hoping to limit dependence on hydroelectric and thermal power.

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