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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

Upcoming G-8 Summit to Address Energy

LCG, May 2, 2002--The G-8 meeting of major industrialized nations will focus on energy for the first time since 1998.

The summit's discussions, to be held in Detroit, Michigan today and tomorrow, are part of President Bush's national energy plan, which he presented last year. Leaders are to discuss energy and environment-related technologies, as well as energy security and regulation.

The G-8 consists of leaders from the U.S., Japan, Canada, Russia, Germany, Italy, France, and Great Britain; the Detroit summit will bring together energy ministers from these eight countries.

U.S. Secretary of Energy Spencer Abraham has said that the leaders will talk about developing energy trading and establishing energy partnerships.

According to the Associated Press, Abraham said, "One of the things the president emphasizedis the need for us to expand our energy partnerships."
He also asserted that the U.S. will lead the way in creating new energy technology and also noted the effect of Middle East politics on oil supply.

Market reform, diesel technology, and fuel cells are among a few of the specific issues scheduled for discussion sessions.

While massive protests occurred during the Genoa G-8 meeting last July, resulting in Italian police shooting and killing a man, no demonstrations have been held as yet in Detroit. Extra police have been appointed and trained to manage potential security threats.

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