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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

Construction Underway on Neptune LNG Project

LCG, July 24, 2008--SUEZ LNG NA LLC (SUEZ) announced yesterday that construction has started on its Neptune LNG project, which will be located approximately ten miles south of the city of Gloucester and 22 miles northeast of Boston. Neptune has a nominal capacity of 400 MMcf/day and is scheduled to be prepared to receive liquefied natural gas (LNG) by late 2009.

The LNG project design incorporates an offshore delivery where LNG tanker ships will moor. The specially designed ships will vaporize the LNG into natural gas that will be delivered into the existing HubLine sub-sea pipeline for delivery to customers in New England.

In the first phase of construction, approximately 13 miles of sub-sea pipeline will be installed to connect the Neptune LNG facility with the existing Spectra Energy HubLine.
The installation includes creating a sub-sea trench, installing the pipeline, and backfilling. This phase is scheduled for completion this September 2008.

The second phase will commence next May and includes the installation of two off-loading buoys for the tankers and the connection of the pipeline to Hubline. The second phase is scheduled to be completed in September 2009.

The offshore LNG receiving terminal was announced in February 2005. In October 2005, SUEZ LNG NA LLC's subsidiary, Neptune LNG LLC, announced that it received notice from the United States Coast Guard stating that its Neptune Deepwater Port application for a license to construct an offshore liquefied natural gas (LNG) facility was complete.

SUEZ LNG NA's wholly owned subsidiary, Distrigas of Massachusetts LLC, owns and operates an existing LNG receiving terminal in Everett, Massachusetts, which began service in 1971.
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