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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

Progress Energy Declares New Facilities Operational

LCG, June 2, 2003--Sunday marked the official start of operations for two new power plants constructed by Progress Energy, and located in Georgia and North Carolina.

The Rowan County Energy Complex, in Rowan County, NC, is a combined-cycle plant rated at 925 megawatts. Its three simple-cycle turbines, which account for 459 megawatts, began producing power one year ago. The Washington County Energy Complex consists of four combustion turbines of 150 megawatts each. It and the Rowan plant run on natural gas.

"We are very pleased with the support we have received from the people of Sandersville and Salisbury throughout construction. We are proud to be part of both of these communities, and to be adding efficient energy resources for these two regions," said Joel Kamya, a vice president for Progress Energy's Plant Construction unit. Progress Energy owns 23,000 megawatts of power production capability, and owns electric power utilities in the Carolinas and Florida. It also is engaged in unregulated power sales and marketing, as well as natural gas drilling.
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