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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

NV Energy Offers Commercial Customers Low-Cost Renewable Energy Rate Option

LCG, March 7, 2019--NV Energy filed additional information with the Public Utilities Commission of Nevada (PUCN) about the Nevada GreenEnergy Rider (NGR 2.0) last week that makes available over a million megawatt hours of renewable energy resources for large commercial customers.

NV Energy's president and chief executive officer stated, "We believe we are the best energy partner for our customers and will continue to work closely with them to keep them as fully-bundled customers. NGR 2.0 offers eligible customers the ability to pay a rate directly tied to low-cost, Nevada-based solar resources, which is in line with our own philosophy to provide all of our customers with clean energy, while keeping rates low. This sustainable energy solution is a win-win as eligible customers will reduce their energy costs while NV Energy retains the renewable energy credits in order to comply with Nevada's renewable portfolio standard for the benefit of all customers."

The NGR 2.0 offering will reduce the cost most eligible commercial customers, including casinos and government entities, pay for electric service. Commercial customers who use a minimum of 8,760 megawatt hours of energy and have a load factor of 50 percent with an annual usage of one megawatt or more are eligible to participate. Governmental entities need only use 8,760 megawatt hours of energy annually.

The initial allotments for the renewable energy rate include up to 565,000 megawatt hours of solar for southern Nevada customers and 375,000 megawatt hours for those in the north.

The new NV Energy offering aims to retain existing customers and to avoid customers discontinuing electric service from NV Energy.

NV Energy will use an "open window" period for enrollment, which includes a first-in-time, first-in-right approach to designate renewable energy allotments. The first enrollment window will open on March 18, 2019, and will remain open until the resource pool is full.
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