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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

NTE Energy Moves Towards Construction of 475-MW Combined Cycle Plant in North Carolina

LCG, March 17, 2016--Gemma Power Systems, LLC (GPS) announced Monday that it has received full Notice to Proceed (NTP) to begin activities under an Engineering, Procurement and Construction (EPC) services contract with NTE Carolinas LLC, an affiliate of NTE Energy, to construct a 475-MW natural gas-fired power plant in Kings Mountain, North Carolina. The plant is scheduled to be commercially online in the latter half of 2018.

The Kings Mountain Energy Center will be a combined cycle electric generating facility comprised of a Mitsubishi Hitachi Power Systems Americas (MHPSA) M501GAC combustion turbine generator, a Vogt Power International supplementary-fired heat recovery steam generator (HRSG) and a Toshiba America Energy Systems steam turbine generator.

Last October NTE awarded to GPS a sister project, the Middletown Energy Center in Ohio, that will employ the same MHPSA M501GAC turbine. The Middletown project is scheduled for completion early in the second quarter of 2018.

The M501GAC turbines are manufactured at MHPSA's Savannah Machinery Works in Georgia. The manufacturing facility started operations in 2010 and shipped its first gas turbine in October, 2012.

It was also recently announced that NTE closed on $387 million in credit and $218 million in equity commitments to build and operate the Kings Mountain Energy Facility.

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