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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

Alliant Energy to Proceed with 500-MW New Wind Project

LCG, October 28, 2016--Alliant Energy's Iowa-based subsidiary Interstate Power & Light (IPL) announced yesterday that it will proceed with the New Wind Project, which will add up to 500 MW of new wind generation in Iowa. Construction may commence as early as next year. Alliant Energy expects that 250 MW of wind farm electric generating capacity will commence operations in 2019, with the remainder delivering power to the grid in 2020.

The Iowa Utilities Board (IUB) issued a final order regarding the New Wind Project on October 25 that approves, with limited modifications, the settlement between Alliant Energy and customer groups that was filed on October 12, 2016.

"The New Wind Project will benefit our customers, our communities and the state," said the president of IPL. "The wind turbines will generate clean, cost-effective energy for customers. They also create tax revenue for communities, and bring construction jobs and economic growth to the state, making this a win-win project."

Alliant Energy is currently evaluating sites near its existing Whispering Willow Wind Farm and other areas of the state.

In announcements last August, Alliant's CEO stated that the timing of the project is designed to take advantage of the federal wind energy production tax credit (PTC). Similarly, MidAmerican Energy set forth and received approval from the IUB last summer for its plans to construct in Iowa the Wind XI project, with a design capacity of 2,000 MW and an estimated cost of $3.6 billion. Like Alliant's project, the MidAmerican Energy project schedule is driven to maximize the federal PTC, which is set to decline in value by 20 percent by year, beginning in 2017.
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