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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

Japan Considers Increased Gas Deregulation

LCG, December 26, 2002A Japanese Economy Ministry group has recommended opening the retail natural gas market to 44% of demand in 2004 and over 50% in 2007.

Japan already has made steps to deregulate its retail gas industry since 1995. Currently gas sellers that are not gas utilities can sell retail gas to commercial and industrial users at the rate of about 1 million cubic meters per year, or roughly 37% of all demand.

Now a group within the Ministry of Economy has advised a Japanese economic advisory board to allow 44% of natural gas to be sold in a deregulated market starting April 2004, and by April 2007, to deregulate over 50%.

Japanese officials have also discussed complete gas deregulation after 2007.

An advisory group will meet in January to discuss these suggestions, public commentary will follow, and another meeting will be held in February before any recommendations will be sent to Minister of Trade Takeo Hiranuma.

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