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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

Exelon Announces Plan to Install 195 MW of Additional Peaking Capacity in Medway, Massachusetts

LCG, February 6, 2015--Exelon Generation announced yesterday that it will add two gas-fired peaking units at an existing power plant in Medway, Massachusetts. The expansion project is in the permitting phase now, and construction is expected to begin in 2017. The project is scheduled to be completed by the summer of 2018.

The project will add 195 MW of capacity to the existing West Medway Generating Station, which was acquired by Exelon from Boston Edison in 2002. The existing plant capacity is 117 MW and includes three peaking units that can be fueled by either natural gas or oil. The two new units will also have dual fuel capability.

The new peaking capacity is planned to improve regional reliability and complement the growing intermittent solar and wind resources.

The president of Exelon Power stated, "We are excited to develop this new project in the greater Boston area.This project demonstrates the new 'pay for performance' capacity construct works and that it will attract development of new resources needed in the region."
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