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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

Alliant Energy Plans to Construct Iowa Plant

LCG, May 1, 2002-The Interstate Power and Light utility subsidiary Alliant Energy Corp. announced intentions to construct a $400 million plant in Iowa.

The Alliant's pending natural gas-fired plant would generate 500 MW, but its location is yet to be determined.

Sites near Independence City and Mason City are being considered, and the plant is tentatively planned for operation beginning in 2004.

The company reported receiving twenty bids, and Interstate Power and Light was chosen to build the plant.

Alliant will accept bids for renewable energy development, to be decided upon in two weeks. The company also plans to take proposals for a new coal-fired plant later this year.

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