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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

PG&E Announces Massive Solar Power Plan

LCG, March 14, 2009--Pacific Gas and Electric Company (PG&E) announced yesterday that it plans to purchase 1,310 MW of solar thermal power from BrightSource Energy, Inc. The new agreement includes seven projects and supersedes an earlier agreement for up to 900 MW of solar power made in April 2008.

BrightSource Energy uses a solar thermal design that employs thousands of mirrors that track the sun and reflect the light to a boiler raised on a tower. The concentrated energy creates superheated steam, which is piped to a traditional steam turbine - generator set.

The initial project is the Ivanpah Solar Power Complex, located approximately 50 miles northwest of Needles, California in the Mojave Desert. Construction on the 110-MW solar facility is scheduled to commence late this year, given timely receipt of regulatory approval, with commencement of operations in 2012.
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