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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

Algonquin Power & Utilities Corp. Announces Joint Venture Agreement with RES Americas for Michigan Wind Project

LCG, October 20, 2015-Algonquin Power & Utilities Corp. yesterday announced a joint agreement with Renewable Energy Systems Americas Inc. (RES Americas) to develop the 150-MW Deerfield Wind Energy Project in central Michigan. The project, which is currently under construction, is scheduled to commence commercial operation at the end of 2016.

The Deerfield Wind Energy Project is located on the Thumb of the Lower Peninsula of Michigan, and the site includes approximately 20,000 acres of leased land. The project will use 44 Vestas V110-2.0 wind turbines and 28 Vestas V110-2.2 turbines. The annual generation is projected to be 555.2 GWH. The estimated total project cost is approximately $303 million.

The power generated by the Deerfield Wind Energy Project will be purchased by Wolverine Power Supply Cooperative, Inc., a local electric distribution utility, under a 20-year power purchase agreement (PPA).
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