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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

Idaho PUC Approves Sales Agreements for New Wind Farms

LCG, January 17, 2006--The Idaho Public Utilities Commission (PUC) approved on January 11 the sales agreements between Idaho Power Company and the Exergy Development Group (Exergy) related to four wind projects. The projects are to be constructed in south-central and eastern Idaho and are designed to provide a combined electric generating capacity of 75 MW.

Exergy is developing the four wind projects, which are: the Milner Dam Wind Park, located near Milner Dam in Cassia County; the Lava Beds Wind Park, located between Blackfoot and Arco,; the Notch Butte Wind Park, located between Twin Falls and Shoshone; and the Salmon Falls Wind Park, located near Hagerman and south of Bell Rapids. The first three projects each include 12, 1.5-MW turbines, while the Salmon Falls project consists of 14, 1.5-MW turbines.

The PUC agreed with Idaho Power Company's position that the projects were well along in the development process such that they should be grandfathered from a PUC order in August that temporarily reduced from 10 average MW to 100 kW the size of projects that could qualify for a rate published by the PUC for renewables under provisions of the Public Utility Regulatory Policies Act of 1978 (PURPA).

All four projects are scheduled to commence operations in November 2006 and to be in full operation by May 2007.

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