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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

SoCal Edison Cuts 1,450 More Jobs

LCG, Jan 8, 2001Southern California Edison Co. said late Friday that it planned to eliminate 1,450 jobs over the next few months, over and above the 400 layoffs it announced in late December. Together, the cuts amount to about 15 percent of the utility's workforce.

The layoffs are part of an emergency plan to reduce expenditures in 2001 by close to a half-billion dollars.

In a news release, SoCal Edison said the austerity program "will affect virtually every operation of the company, including a $100 million reduction in spending this year for electric system operations, maintenance and new investments. One outcome from this is that electric system components will be replaced only after they fail or are judged likely to fail soon."

The affected workers will know whom to thank. Patrick Lavin of the International Brotherhood of Electrical Workers, Local 47, said the company told the union in a letter that "Workforce reductions will be included as a result of the too-little, too-late" one cent per kilowatt-hour rate increase granted last Thursday be the California Public Utilities Commission.

Lavin Thinks service will suffer as a result of the job cuts. "This is work that isn't going to get done," he said, and SoCal Edison concedes the point but adds that any outages that occur won't be the fault of poor maintenance.

Richard Rosenblum, the company's senior vice president for transmission and distribution, told a radio audience Friday that the penny-ante rate raise allowed by CPUC has increased the likelyhood of outages. "If such outages occur, as many as 20 percent to 40 percent of (our) customers could be without power at any one time," he said.

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