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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

Ukraine Struggling to Complete Nukes

LCG, May 1, 2002-Ukraine is waiting for international assistance to close the Chernobyl plant and built replacement generation.

On Monday, the Parliamentary Assembly of the Council of Europe asked Western nations to implement the 1995 agreement to provide funding in order that Ukraine decommission the Chernobyl station and build two new reactors.

Chernobyl was shut down permanently in 2000 and the reactor was encased in a sarcophagus, which is reportedly suffering from sizeable gaps. Experts worry about radiation leaks, and Ukraine has been waiting for assistance to complete disassembly.

Two western Ukraine reactors, at Rivne and Khmelnitsky, also lay unfinished, as the European Bank of Reconstruction and Development postpones a dlrs 215 million loan.

Ukraine's government has asserted it requires dlrs 1.5 billion, while Russian specialists have said between dlrs 500 and 600 million. However, no money has been given as yet.

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