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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

Dominion Reaches Agreement on Emissions Plan for Salem Power Station

LCG, May 27, 2005--Dominion, one of the largest energy companies in the nation, announced that it has signed a consent order with the Commonwealth of Massachusetts and other stakeholders for a plan to reduce emissions at the Salem Power Station that will result in the station meeting State emission regulations.

The plan includes commitments from Dominion to keep the 745-MW plant, which is equipped to burn coal and oil, operating through at least September 30, 2008. The plant is a key source of jobs and tax revenues for the community. Dominion purchased the plant on January 1, 2005 from the bankrupt from USGen, which had threatened to close the plant to avoid the costs of installing emission control equipment.

One element of the plan is to change the quality of coal in order to reduce sulfur dioxide (SO2), nitrogen oxides (NOx), and mercury emissions from the station. Modifications to enable the fuel handling system to use low-emissions coal will also be required.

ISO New England had determined the plant is needed for grid reliability purposes and had moved to block the closure of the station. The new agreement regarding how the emissions will be reduced and how costs will be allocated was filed Wednesday with the Federal Energy Regulatory Commission, which must approve the pact.

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