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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

NRC Renews Operating Licenses for Progress Energy's Brunswick Nuclear Units

LCG, June 28, 2006--The Nuclear Regulatory Commission (NRC) announced on June 26, 2006 that it has renewed the operating licenses for Progress Energy's Units 1 and 2 at the Brunswick Nuclear Plant, located south of Wilmington, North Carolina, at the mouth of the Cape Fear River. The renewal adds 20 years to the operating licenses, and the operating lives of Units 1 and 2 will now extend to September 8, 2036, and December 27, 2034, respectively. With the license renewals for Units 1 and 2, the NRC has now renewed a total of 44 nuclear reactor units.

The license renewal application was submitted on October 18, 2004. The NRC concluded that were no environmental impacts that would preclude renewal of the licenses for environmental reasons. The staff's review of the plant safety systems determined that there were no safety concerns that would preclude license renewal, as the licensee had demonstrated effectively the capability to manage the effects of plant aging. In addition, the Advisory Committee on Reactor Safeguards, which is an independent body of technical experts which advises the NRC, issued its recommendation that the operating licenses for Brunswick be renewed.

The two nuclear units at Brunswick Nuclear Plant have a combined electric generating capacity of 1,875 MW. An additional 244 MW of capacity was added to the plant's output from 2002 to 2005 as part of an extended power uprate program that upgraded much of the plant's equipment. The plant is owned jointly by Progress Energy (81.67 percent) and the North Carolina Eastern Municipal Power Agency (18.33 percent).

The operating license extension provides a significant block of future, emission-free power to meet the growing electric load in the Southeast.
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