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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

Wyoming Coal-bed Methane Leases Ruled Illegal

LCG, April 30, 2002--In response to allegations by environmental groups, a panel from the Department of the Interior ruled that leases on Wyoming's Powder River Basin were issued illegally.

Prior to the ruling, the Bureau of Land Management (BLM) had allowed the issuance of leases for 2,500 acres, but the panel found that the BLM had used outdated environmental studies in assessing the land and therefore issued the leases illegally.

The decision has worried parties considering coal-bed development, namely in western states where public land might be used.

This reversal comes as a snub to President Bush's energy plans. Bush has encouraged exploration throughout the country and specifically coal-bed mining in the Rockies in an attempt to minimize U.S. foreign fuel dependency.

Environmental groups Wyoming Outdoor Council and Powder River Basin Resource Council instigated the lease reevaluation. Wyoming BLM is still considering its response to the decision.

Coal-bed methane provides a new source for natural gas. The method involves pumping groundwater to alleviate pressure and release methane gas from coal seams. Coal-bed mining in the Powder River Basin has yielded about 10,000 wells so far, with a projected 40,000 to come into service over a few years' time.

The Federal government leases public land to allow industry to develop mineral resources. The Bureau of Land Management handles 700 million acres of mineral land.

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