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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

PSEG's Bethlehem Energy Center Commences Operations

LCG, July 19, 2005--Commercial operation of PSEG Power's new Bethlehem Energy Center began yesterday. The gas-fired power plant is located along the Hudson River, three miles south of Albany, New York and is built on the site of the Albany Steam Station, which was retired in February.

The Bethlehem Energy Center is a combined-cycle power plant with a generating capacity of 750 MW that is based upon the output from a GE Frame 7F system. Construction on the plant, acquired from Niagara Mohawk, began in mid-2002.

The new, $500 million plant attracted support from environmental organizations because of its design. The plant will significantly reduce air emissions relative to the old, 376 MW, oil-fired plant. The new plant employs a closed-loop cooling system that will considerably reduce water consumption from the Hudson River.

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