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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

Construction Halted on Washington Plant

LCG, Aug. 9, 2002--The Mint Farm power plant project, a 270-megawatt facility now under construction in Washington state, will be temporarily halted based upon a decision by Mirant Corp., the developer.

The facility, in the town of Longview, is now approximately one-third completed, and was to have become operational by June 2003.

The Shaw Group, the company responsible for design and construction, also had negative news concerning a Mississippi construction project on Monday this week. The client, NRG Energy Inc., of Minneapolis, could not make a scheduled payment, and sold the project to the Shaw Group for $43 million.
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