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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

Canadians Clash Over Alberta Power

LCG, April 24, 2002-Power generators and consumers began a six-week hearing this week in Calgary over the congestion management of Alberta's transmission grid.

Alberta's transmission authority, ESBI Alberta, manages 20,000 kilometers of transmission. Expanding the aging system to meet future generation needs is estimated to cost somewhere between half a billion and one billion Canadian dollars ($319 to $638 million).

Generators and consumers, northerners and southerners must find some medium by which to operate the Alberta grid.

Large companies like TransCanada PipeLines Ltd. and TransAlta Corp. will contest ESBI's proposals, which include retaining a "postage stamp" approach to increasing production and applying transmission fees to support exports. Postage stamp fees essentially set a standard price on transmission transactions regardless of distance or path of the transaction.

Some participants contend that generators may benefit from export revenues gained from expansion, which would be paid for by customers. According to the Dow Jones, Optimum Energy Management Inc.'s Dale Hildebrand asserted, "If you believe in the market, let the market decide. Don't roll costs in to give one generator a competitive advantage over another generator."

According to the consulting firm, lower cost generation in northern Alberta will most likely profit from rolled-in costs over southern generation because Alberta's main export line is in the south and transmission is limited in the north-south power corridor.

Although Optimum Energy believes an agreement can be reached, an intervener noted, "Organizing the schedule is like herding cats, or better said, lions and Siberian tigers."

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