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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

Gov. Pataki Suggests Bond Agency to Support Power Infrastructure

LCG, Sept. 17, 2003--New York Governor George Pataki has put forward a plan supported by the state Senate and opposed by the House that would assist private companies by issuing bonds for the purpose of supporting generation and transmission projects.

Pataki, a Republican, said in a statement that "this common sense proposal will encourage improvements and investment in New York's energy infrastructure well into the future."

Opposition to the bill in question is based on provisions that would streamline the process for public comment, according to Democrats in the House. The New York Public Interest Group said that under the bill, "the public's voice is needlessly silenced."

According to Steve Mitnick, the chief executive officer of a company with plans to build lines that would carry power between upstate New York, New England, Canada and New York City, which has not had growth in generation commensurate with growth in demand, government funding will not be used. Conjunction L.L.C. hopes to complete the lines, with 2300 megawatts of capacity, by mid-2006, at a cost of $750 million. Mitnick said that the flows into New York City could account for one-quarter of the city's needs.
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