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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

Bruce Power Files with CNSC to Build New Nuclear Reactors

LCG, August 18, 2006--The Canadian Nuclear Safety Commission (CNSC) yesterday received an application from Bruce Power to prepare a site for the potential construction of new reactors at its existing nuclear site near Kincardine in southwestern Ontario. Potentially four, 1,000-MW reactors may be installed.

The development of an environmental assessment (EA) is a key hurdle to clear prior to the licensing of a new nuclear reactor. Bruce Power expects that the EA may require three years to complete.

Bruce Power is Canada's only private nuclear generating company, and it currently operates the Bruce A and Bruce B nuclear power stations. The two stations include six active units and two, 750-MW units that are in the process of being refurbished. The two units that are being refurbished originally commenced operations in 1977 and were shut down in 1995 and 1997 by the prior owner, Ontario Power Generation. Bruce Power anticipates the units will return to service in 2009. With the reactivation of the two units, more than 6,200 MW of electric generating capacity be available from Bruce A and B - before adding any capacity from new reactors.







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