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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

Gulfstream Pipeline Extension in Florida to Begin Construction

LCG, July 16, 2004--Construction on the extension of the Gulfstream natural gas pipeline was initiated this week. When completed, the extension will allow the 1.1 Bcf/day pipeline access to new markets, including power plants, such as the planned expansion of Florida Power & Light's Martin Station. The 110-mile extension of mainline will extend from Polk County to Martin County and will also require construction in Hardee, Highlands, and Okeechobee Counties. The expansion is scheduled to be complete in December 2004.

Gulfstream, a joint development between Williams and Duke Energy, was placed into service in May 2002 and is the first new natural gas pipeline into Florida in over 40 years. The pipeline receives gas from Mobile Bay, East Louisiana and Mississippi before crossing more than 400 miles of the Gulf of Mexico.

The Martin Station expansion proposal calls for converting two combustion turbine peaking units, along with two new combustion turbines, into more efficient combined-cycle natural gas generation providing an additional 800 MW.

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