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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

AEP Buys Enron Wind Project in Texas

LCG, Jan. 2, 2002--American Electric Power Co. Inc. said Monday that it has acquired the 160-megawatt Indian Mesa Wind Power Project from Enron Wind Corp. for $175 million. The Enron unit will provide operations and maintenance services at the site, located near Iraan, 45 miles east of Fort Stockton, Texas.

Under terms of the agreement, AEP will assume responsibility for fulfillment of previously announced power supply arrangements with City Public Service, the municipal electric utility for San Antonio, Texas. CPS will buy all the power generated from the wind turbines under long-term agreements.

"We are pleased to add the Indian Mesa Wind Project to our growing fleet of renewable power generation resources," said Dwayne L. Hart, senior vice president of business development for AEP Energy Services, an AEP subsidiary. "The addition of Indian Mesa furthers our goal of enhancing the renewable portion of our overall generation portfolio. We're also pleased with the opportunity to establish a relationship with CPS."

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