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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

Romney Acts to Defer Cape Wind Project

LCG, November 11, 2005--Massachusetts Governor Mitt Romney has requested US Interior Secretary Gale Norton to defer a decision regarding the offshore wind project proposed by Cape Wind for Nantucket Sound. The Governor wants the Department of the Interior to first complete new regulations for an offshore renewable energy program that encompasses the nation.

The Energy Policy Act, which was passed this summer, transfers lead federal authority for the environmental review of offshore wind, solar and wave projects to the US Mineral Management Service, which is a branch of the US Department of the Interior.

The project developer, Cape Wind, has been pursuing government approval for four years. Prior to the passage of the Energy Policy Act, the US Army Corps of Engineers was reviewing the environmental aspects of the Cape Wind project, and the decision was anticipated this month. Now the Mineral Management Service will issue the environmental impact statement, incorporating the information prepared by the Corps of Engineers. The schedule for completing the environmental review is unclear at this time.

The proposed Cape Wind project would be constructed approximately five miles off the Cape Cod shore. The project includes 130 wind turbines, with a total capacity of 420 MW. Opponents of the project are concerned with the visibility of the wind farm and related impacts on the tourism, along with the potential for bird deaths.

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