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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

Spectra Energy Secures Contracts for Gulf Market Expansion Project

LCG, November 12, 2013--Spectra Energy Corp. and Spectra Energy Partners yesterday announced that they have executed new long-term contracts for 650,000 Dth/day of natural gas transportation on the Texas Eastern pipeline system to support the growing manufacturing sector and liquefied natural gas (LNG) export industry along the Texas and Louisiana coast.

Spectra Energy's president of U.S. Transmission and Storage stated, "Spectra Energy's Texas Eastern system is strategically located to provide natural gas from the burgeoning Marcellus, Utica and Eagle Ford production areas to meet demand growth in the industrial and LNG export sectors. We're proud to be the provider of choice for gas producers seeking new industrial markets and for the developing LNG export market in the Gulf Coast region."

Customers that executed long-term service contracts include: EQT Corporation, 100,000 Dth/day, in-service 2016; GDF Suez S.A., 200,000 Dth/day, in-service 2017; Mitsubishi Corporation, 100,000 Dth/day, in-service 2017; MMGS, Inc. (a subsidiary of Mitsui & Co., Ltd), 100,000 Dth/day, in-service 2017; and Range Resources, Appalachia LLC, 150,000 Dth/day, in-service 2016.

The initial phase of the project will provide transportation capacity of 250,000 Dth/day as early as three years from now. Phase two of the project will begin to add 400,000 Dth/day of capacity starting in September 2017 and increasing through December 2018.

The $150 million Gulf Markets Expansion Project is a continuation of Spectra Energy's development efforts, including the Texas Eastern Appalachia to Market (TEAM) 2014 and Ohio Pipeline Energy Network (OPEN) projects, to transform its Texas Eastern Transmission mainline into a bi-directional system providing diverse supply access to Northeast, Southeast and Gulf Coast markets.
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