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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

Enron Sending U.S. Families Out of India

LCG, May 9, 2001U.S. energy firm Enron Corp. is sending families of American employees at its Dabhol Power Co. project in India's Maharashtra state out of India, the Times of India said this morning.

Children of Dabhol's U.S. workers have been pulled out of the American School in Bombay and, with other dependents, were being relocated to Singapore. Security around the Americans has also been tightened and bodyguards assigned to senior executives, the paper said.

The moves could be an indication that Enron was getting ready to pull out of the nearly finished $2.9 billion Dabhol project. The newspaper said the precautions involving American citizens were taken because "there is likely to be a tremendous backlash against representatives of the U.S.-based energy company" if it terminates the project.

The Times of India said something on the order of 15,000 jobs would be lost in Maharashtra if Enron pulls out.

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