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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

PJM Approves Transmission Upgrades

LCG, October 8, 2002-Transmission operator PJM Interconnection LLC has authorized over $725 million in upgrades to the Mid-Atlantic region's electricity transmission system.

PJM's Independent Board passed the upgrades last week, and the Board of Directors approved the upgrades yesterday.

In coming to this decision, officials considered proposed projects and opinions from energy companies, transmission owners, and state regulatory bodies.

The upgrades are said to serve 39 new power plants, which will provide an additional capacity of nearly 8,600 MW.

PJM Interconnection is a non-stock company responsible for electricity grid reliability in the Mid-Atlantic region, including Delaware, Maryland, Pennsylvania, New Jersey, and the District of Columbia.

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