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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

China and Pakistan Make Power Plant Deal

LCG, April 30, 2002--China has agreed to develop two thermal plants in Pakistan.

Signed yesterday, the bilateral memorandum provides for two 300-MW coal-fired power plants, amounting to $600 million. Coal for the plants will be derived from the Tharparkar Desert in the province of Sindh.

According to Sindh Minister Dewan Mohammed Yousuf Farooqi, the plants will be completed inside three years.

China's Shenhua Group Co. Ltd. has agreed to build and operate the plants, which will be located in Tharparkar (also known as Thar). Shenhua will assess Thar coal capability by conducting a geological survey, which will reportedly be completed within a year.

According to U.S. Department of Energy, Pakistan has 3 billion metric tons in recoverable coal reserves.

Shenhua is China's top coal producer and the country's third largest exporter.

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