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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

U.S. Senate Limits Debate on Energy Bill

LCG, April 23, 2002-The Senate voted 86-13 today to discontinue debate on the energy bill that has been pending for over a month.

A final vote on the energy reform bill may come as early as this week.

Reforms still waiting to be debated include hydroelectric licensing changes, ethanol, and tax breaks for environmentally sound energy.

California and New York senators resisted limiting debate, especially in reference to upcoming discussion of ethanol use.

So far the bill incorporates $3.3 billion for renewable energy production, $4.5 billion for domestic oil and natural gas, and $2.1 billion for hybrid and fuel cell driven devices, buildings and cars, and $2.4 billion for energy efficiency and conservation.

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