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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

Alberta Minister Seizes on Russian Stance on Kyoto

LCG, Sept. 30, 2003--The Alberta Environment Minister Lorne Taylor found some accord with remarks made by Russian President Vladimir Putin that indicated some doubt as to whether the Russian government should ratify the Kyoto accord on climate policy.

Russia represents 17 per cent of the emissions represented by possible signatories of Kyoto, while voting equivalent to 55 per cent of the emissions represented is required for the treaty to go into effect. This gives Russia the ability to derail the climate accord if it fails to ratify it. Taylor expressed the opposition of some Alberta industry representatives and government officials to what they see as economic fallout from Kyoto, given that Alberta depends heavily on energy resource extraction. According to Taylor, who spoke to the Edmonton Journal from the five-day World Cimate Change conference, Putin "very clearly said exactly what Alberta's been saying, we'd better understand the mechanisms and the effects on the economy before we rush forward with ratification."

Taylor will discuss possible ways to reduce emissions without Kyoto when he meets with governors in energy-rich areas of Russia. Environmentalists, as well as Canadian Environment Minister David Anderson, voiced some confidence that Russia will vote to ratify the treaty, and attributed Putin's remarks that warmer temperatures "would not be scary, maybe it would be good," to political posturing before upcoming parliamentary elections. Putin said, "A decision will be taken when this work is finished."
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