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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

Nova Scotia Power to Purchase Electricity from Amherst Wind Project

LCG, August 19, 2005--Nova Scotia Power (NSPI) announced that it has executed a 15-year agreement to purchase power from the Amherst Wind Energy Project, located on the Tantramar Marsh along the border between Nova Scotia and New Brunswick. The project is scheduled to commence operations in 2007.

The 31-MW project, with an estimated cost of $60 million, is a joint venture between Wind Dynamics Inc. of New Brunswick and EHN Windpower Canada, a wholly owned subsidiary of the Spanish conglomerate Acciona.

Over the past 16 months, NSPI has awarded contracts with independent power producers for 100 MW of wind power.

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