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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

Duke Will Build 620 MW PA Plant

LCG, May 21, 2002-Duke Energy North America will build a plant at the Fayette Facility in Fayette County, Pennsylvania.

Duke/Fluor Daniel has signed a contract with Duke Energy to construct the 620 MW combined-cycle plant, which will include two natural gas or fuel oil-fired General Electric 7 FA combustion turbine generators and a GE class D11 steam turbine/generator.

Although the costs have not been released, the plant is scheduled for operation in Summer of 2003.

North Carolina-based Duke Energy has about 8,000 MW capacity in operation and another 6,700 MW, or 11 plants, under construction.

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