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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

White House Calls California Power Interests Together

LCG, Jan. 5, 2001The Clinton administration has called California Gov. Gray Davis and officials of his state's two largest electric utilities to a White House meeting next week in an effort to resolve the energy crisis in the Golden State, the Washington Post reported this morning.

The Post noted that California's economy is larger than that of all but five countries, but its utilities are threatened with bankruptcy and many of its businesses and consumers with soaring electricity bills. As the crisis has grown, so has rhetorical heat in California with more finger pointing than problem solving going on.

Administration officials said they hope that by bringing all sides to the White House they can establish a new tone for negotiation and forge a compromise, the Post said.

"We feel that this is a serious enough situation that every party has to be willing to compromise andgo the extra mile to find a way out," a senior administration official told the Post. "We believe every effortshould be made to bring the parties together in search of at least a temporary solution."

Steve Maviglio, a spokesman for Davis, said the governor hoped federal energy regulators would be told to cap the wholesale price of power. "That's the big kahuna for us," he said.

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