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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

Calpine Prepares Oklahoma Plant for July

LCG, Apr 26, 2002--A gas-fired power plant in northeastern Oklahoma is nearing the completion of its first stage of construction, and according to merchant developer Calpine Corp., should start producing power in July.

The Oneta Energy Center in Wagoner County, near Coweta, will produce 570 megawatts this year, and by February of 2003, is expected to have another 570 megawatts online. Calpine will own and operate the plant, and output will be sold to the wholesale market.

Currently, there are approximately 20 gas-fired independent power plants on the ground or in development in Oklahoma.
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