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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

Hydro-Québec Plans to Add 2,000 MW of Wind Power

LCG, June 30, 2005--Hydro-Qubec announced yesterday that the Qubec government has requested the utility to pursue the purchase of an additional 2,000 MW of wind power to supplement its energy supplies. Hydro-Qubec plans to be a global leader in delivering wind power and estimates that its contracts for wind power will total 3,500 MW by the end of 2013.

Historically Quebec has relied almost entirely upon hydro electricity to supply its demand for electricity, with surplus power to export. However, with growing demands, Quebec is currently a net importer of electricity. To bolster local supplies, last July the Quebec government approved the province's first major gas-fired generating facility, the Becancour cogeneration plant, which is scheduled to commence operations in 2007 at an estimated cost of $500 million. The plant, located between Montreal and Quebec City, is deemed necessary to meet Quebec's forecast electricity demands.

Following the approval of the Becancour plant, opposition from environmentalists and locals led to the cancellation last November of another gas-fired power project in Beauharnoi. The 836 MW project, with an estimated cost of $550 million, was targeted to commence operations in 2008 to meet the regions growing demand for electricity. As an alternative to gas-fired generation, Hydro-Qubec has now turned to wind power and improved energy efficiency.

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