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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

Newsmakers

James M. Clarke has been appointed vice president for risk management and capitalallocation by Nisource Inc. Most recently risk management officer for the company, he will assume the additional responsibilities of enterprise-wide capital allocation as Nisource integrates its resources with those of Columbia Energy Group.James C. Collins has been named vice president for business development by Texas Independent Energy, a 50-50 joint venture of Panda Energy International Inc. of Dallas and PSEG Global Inc. of New Jersey. He was formerly a regional marketing executive for Louisville Gas & Electric Co.Byron T. Gannaway has been named vice president for fuels management by Texas Independent Energy, a 50-50 joint venture of Panda Energy International Inc. of Dallas and PSEG Global Inc. of New Jersey. He most recently was director of fuels acquisitions with Panda. Fred E. Meisenheimer has been named vice president and controller by Atmos Energy Corp. He joins Atmos from Vartec Telecom Inc., a privately-held telecom services provider,where he was controller and responsible for all accounting and treasury operations.
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