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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

Corona City to Take Over Power Assets

LCG, December 3, 2002-After a year and a half of discussion, Corona City's Council has voted unanimously to take control of the distribution of electricity within its city limits.

Corona City, located just south of Los Angeles, has decided to use the power of eminent domain to buy out distribution inside the city and create its own municipally owned system. Initially inspired by the high prices of electricity during the power crisis of 2000/2001, on November 21 the city offered Southern California Edison, which owns the distribution assets, $70.2 million for them.

Edison did not respond to the offer and will most likely dispute the value of the assets with the city in court.

EES Consulting prepared an independent report that found a 15% rate reduction through 2012 if a municipal distribution system was established.

While Edison has stated that the study's findings are inaccurate, Corona officials have decided to go ahead with the formation of a municipal system.

Southern California Edison serves 11 million people in Southern California.

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