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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

Dominion Takes Over UI Standard Offer from Enron

LCG, Jan. 4, 2002--The United Illuminating Co. of New Haven, Conn. said yesterday it had reached agreement for Dominion Resources Inc. to supply UI's "standard offer" generation service needs through 2003.

Effective January 1, 2002, the contract replaces an agreement with Enron North America Corp. to supply standard offer services. The change was necessary to ensure the continued delivery of energy at stable prices for United Illuminating customers, in light of Enron's recent bankruptcy announcement. Enron's bankruptcy placed it in default of their contract with the local utility.

The contract with Dominion will allow United Illuminating to fulfill its obligation under Connecticut's 2000 electric restructuring law to provide standard offer service through December 31, 2003 to customers who do not elect an alternate energy supplier.

Anthony J. Vallillo, president of United Illuminating, said "This contract removes Enron as our supplier and replaces them with Dominion. The change to Dominion will be transparent to our customers. There will be no change in customer rates for the remainder of the standard offer period."

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