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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

Ron Hinson has been named vice president, comptroller and chief accounting officer for Georgia Power, replacing Cliff Thrasher, who became chief financial officer and comptroller for Southern Company Generation and Energy Marketing. Hinson was previously named an assistant corporate secretary in 2001, in addition to his role as assistant comptroller since 1995. Hinson, who has been with Georgia Power for 23 years, will be responsible for overall corporate and regulatory accounting functions and for providing information to regulatory agencies and investors.Janie Wolfe has been named assistant comptroller for Georgia Power. Wolfe will continue to serve as corporate secretary, as she has since June 2001. She replaces Ron Hinson. Wolfe started her career as an auditor in the Southern Company Services Internal Auditing department in 1981.

CMS Energy has named Kinnie Smith Jr. as vice chairman and general counsel. Smith replaces Rodger A. Kershner, whose resignation was announced Wednesday. Smith served on CMS' board of directors from 1987 to 1996, when he retired to enter a private law practice.

Frederick Pastor Jr. has been appointed vice president-construction by PSEG Power, the independent power producer. Previously, Pastor was vice president-nuclear plant services with the Washington Group, which he joined in 2000 following a 30-year career with Stone & Webster, where he held a number of construction executive management positions. At PSEG Power, he will oversee construction in progress in New Jersey, New York, Ohio, and Indiana.

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