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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

Southern California Edison Commits to 1,500 MW Wind Farm

LCG, December 22, 2006--Southern California Edison, an electric utility owned by Edison International, signed a 20-year power purchase agreement (PPA) for the electric output from a planned, 1,500 MW wind farm to be located in Southern California. The PPA is with Allco Wind Energy, a division of Allco Finance Group Limited (AFG).

The planned project will be built on a 50-square mile area in the Tehachapi area of Southern California. Allco Wind Energy stated that it would develop the project through a joint venture partnership with Oak Creek Energy Systems. The initial wind turbine installations are expected to be completed in 2010.

California's renewable energy goals and global warming legislation create a positive regulatory environment for wind developers. However, the PPA will need to be approved by the California Public Utilities Commission. Furthermore, to deliver the power to markets; the Commission will need to approve plans to construct a series of new and upgraded high-voltage transmission lines.

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