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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

Samsung and Siemens Sign Wind Turbine Supply Agreement for Ontario Projects

LCG, August 12, 2010--Siemens Energy and Samsung C&T Corporation announced Tuesday that they have executed an agreement for the supply of wind turbines with a total capacity of up to 600 MW. The wind turbines will be used in projects planned for Southern Ontario.

Siemens will also manufacture turbine blades at a new site in Ontario, boosting its North American production capacity. Siemens has invested in a nacelle manufacturing facility in Hutchinson, Kansas that is scheduled to commence production in December 2010.

In January, the Ontario government announced that it signed an agreement with a Korean consortium to invest C$7 billion to generate 2,500 MW of wind and solar power. The consortium, led by Samsung C&T Corporation and the Korea Electric Power Corporation (KEPCO), was to work with major partners to attract four manufacturing plants related to wind and solar technology for use in Ontario and export to the United States.
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