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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

Global Warming Bill Defeated in Senate

LCG, Oct. 31, 2003--A measure sponsored by Senators John McCain, R-Ariz., and Joseph Lieberman, D-Conn., that would have created an incentive-based program for limiting emissions of greenhouse gases and carbon dioxide was rejected yesterday in a 55-43 vote.

McCain said that the outcome notwithstanding, he would bring a similar measure up for a vote in the future. In 1997, a Senate vote indicated near-unanimous opposition to measures that would cause economic harm for the United States, by 95-0.

Democrats were mostly supporters of the measure, although ten voted against it. Six Republicans voted in favor. The difference between yesterday's vote and the one in 1997 may show greater concern among legislators about shifting public sentiment and opinions on economic effects of environmental policy.

The New York Times reported that some votes for the measure were potentially cast by Senators who may have voted otherwise had they felt the measure had a significant chance of passing.
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