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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

Ontario Looks to Manitoba for Electricity Supplies

LCG, August 13, 2004--Ontario is facing shortfalls in generating capacity over the next few years, and one supply alternative gaining momentum is building a 1,250 MW transmission line to Ontario from the proposed Conawapa hydro project on Manitoba's Nelson River. A feasibility study was just completed and is under review by the government of Ontario. In addition to the billions of dollars associated with the project, a critical issue is an acceptable transmission corridor.

Ontario's projected electricity shortfall is driven by the government's planned closing of nearly 7,600 MW of coal stations prior to 2008 in order to reduce emissions. Earlier this summer, the Ontario Ministry of Energy issued a Request for Proposals (RFP) for 2,500 MW of "clean generation" and demand side projects.

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