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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 License for Beaver Valley Power Station in Pennsylvania

LCG, November 6, 2009--The Nuclear Regulatory Commission (NRC) announced yesterday that it approved the renewal for 20 years of the operating licenses for Units 1 and 2 at the Beaver Valley Power Station in Pennsylvania. With the 20-year extension, the nuclear units are licensed to operate until January 29, 2036, and May 27, 2047, respectively. Units 1 and 2 went into operation in 1976 and 1987.

FirstEnergy Nuclear Operating Company, the operator of 1,815-MW Beaver Valley Power Station, submitted the application on August 27, 2007. The NRC performed safety and environmental reviews, of the two, pressurized-water nuclear reactors prior to approving the applications.

The NRC stated that the Beaver Valley licenses represent the 56th and 57th reactor licenses that it has renewed. Furthermore, there are now 13 applications for 20 units that are under review by the NRC.

























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