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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

Dave Jeronimus has been named senior vice president for environmental services by Minnesota Power Co. He joined Minnesota Power in 1974 as an assistant engineer and was promoted to positions of increasing responsibility, including vice president for environmental services in 1999.

John E. Schneider has been named chief financial officer of Semco Energy Inc., replacing Sebastian Coppola, who left the company Oct. 19. Schneider had been chief operating officer of Semco Energy Gas Co., the Michigan division of its natural gas distribution utility, since February of last year.

Douglas Whisenant has been named president and chief executive officer of the interstate natural gas pipeline division of The Williams Companies Inc. Until recently, he was senior vice president and general manager of Williams' Salt Lake City-based Kern River and Northwest Pipeline.

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