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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

PJM Submits Shipment Reliability Report

LCG, August 14, 2002-PJM Interconnection, responsible for reliability in the mid-Atlantic states, is developing methods to prevent inconsistencies between scheduled and delivered electricity and has submitted its report to federal regulators.

Last month PJM found that price signals were affected by misappropriated electricity, causing higher power prices. Energy companies had sent as much as 3,000 MW capacity by way of a western transmission line although none had been scheduled for the line. This inconsistency caused a $70 price gap between western and southern electricity in the region.

The names of the involved companies have not been released by PJM, but the grid operator has altered its market rules and is developing the Locational Marginal Pricing System, or LMP.

Until LMP is in place, which would put a premium on electricity sent to areas with generation or transmission limitations, PJM will use the rule changes it instated in July.

Since the discovery of the scheduled-delivered energy discrepancy, electricity sent between Mid-Atlantic and Midwest areas will have prices assigned to it at the boundary between the two regions' transmission control areas.

Those companies involved in sending electricity by way of unscheduled routes will not be prosecuted, according to PJM market monitoring unit manager Joseph Bowring.

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