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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

1,168 MW of Allegheny Energy New Generation Canceled

LCG, July 23, 2002-Allegheny Energy has decided to cancel an Arizona plant project because of market conditions.

The La Paz County plant in question has been cancelled because of low wholesale energy prices.

The energy company has also decided to limit its staff by 10 percent and cancel the second phase of a combined cycle plant in Saint Joseph County, Indiana which otherwise would have added 630 MW capacity.

The cancellations come as energy companies nationwide limit expansion, canceling and suspending projects in light of decreased trading and low wholesale prices.

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