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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

CPV, GE and ArcLight Announce Financial Closing for Woodbridge Energy Center

LCG, September 23, 2013--Competitive Power Ventures (CPV), GE Energy Financial Services and ArcLight Capital Partners (ArcLight) announced Friday that they have closed financing for the $842 million CPV Woodbridge Energy Center in New Jersey. Project construction on the 700-MW, natural gas-fired, combined cycle facility is scheduled to commence this quarter, with commercial operation as early as the first quarter of 2016.

The project is owned by CPV, ArcLight and Toyota Tsusho and will be operated by an affiliate of ArcLight. GE is providing financing, technology and services, including a 16-year contractual services agreement (CSA). According to the announcement, the project capacity is expected to be sold through 15-year Standard Offer Capacity Agreements (SOCA) with New Jersey utilities, and energy through a hedge.

GE will deliver its FlexEfficiency* 60 combined-cycle technology and engineering services for the project. The package includes two, fast-start 216-MW 7F 5-series gas turbine generators, one D-11A steam turbine generator in a "2x1" configuration and two duct-fired, triple-pressure reheat heat recovery steam generators (HRSGs).

The CPV Woodbridge Energy Center will convert a former chemical plant site into a power generation facility.

CPV's president stated, "Land reclamation, environmental benefits, strong community acceptance, a powerful economic impact and labor support: This project is what smart energy development looks like in 2013."
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