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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 Operations Now Include AEP and DP&L

LCG, October 5, 2004--On October 1, the PJM interconnection began managing the transmission lines of AEP Service Corporation and Dayton Power and Light Company. PJM now operates an integrated grid with nearly 50,000 miles of transmission lines in twelve states that connects to nearly 1,000 generators serving a peak load approaching 108,000 MW. Although PJM will control the transmission system, no ownership changes will occur.

Further expansion of the PJM system is anticipated with the integration of Dominion's Virginia Power. Virginia's Restructuring Act requires Virginia Power to join an RTO by January 1, 2005, and Virginia Power has submitted an application to do so. Settlement talks are underway that may make the hearing at the Virginia State Corporation Commission, scheduled to begin on October 12, unnecessary.

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