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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

Pennsylvania Plant Planned by Duke Energy

LCG, May 23, 2002--Duke Energy Corp. is planning construction of a 620-megawatt power plant in Pennsylvania's Fayette County, in Masontown.

The plant would start producing power in summer 2003, costing about $400 million to build. The configuration will consist of two combustion turbines, to be fired by either natural gas or fuel oil.

Some of the most attractive features of the plant site were the proximity to natural gas pipelines, transmission lines, and water from the Monongahela River. All necessary regulatory approvals have been granted, according to Duke Energy spokesman Jeremy Dreier.
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