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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

Minnesota Power in Long-term Coal Delivery Contract

LCG, May 30, 2001--Minnesota Power Co. said yesterday it had reached agreement with the Burlington Northern and Santa Fe Railway Co. for transportation of coal to two of the utility's power plants, the Boswell Energy Center near Grand Rapids and to the Laskin Energy Center near Hoyt Lakes.

The company said the agreement makes it unnecessary for it to pursue construction of an alternative railroad line to serve the Boswell Energy Center.

Don Shippar, chief operating officer of Minnesota power, noted that fuel costs represent the major portion of the electricity purchased by the utility's customers. "Over the next several years, this new agreement will provide ongoing stability in our fuel delivery costs. In addition, this contract will keep our generating plants competitive in the wholesale energy market," he said.

Under terms of the agreement, the railroad will ship all of the utility's coal needs for the two plants more than four million tons a year through 2011. Minnesota Power said it uses low-sulfur, sub-bituminous coal exclusively from the Powder River Basin in Montana and Wyoming.

Of course, that was when the Burlington was the Burlington and the Santa Fe was the Atchison, Topeka and Santa Fe.

"Do you hear that whistle down the line? I reckon that it's engine number forty-nine. She's the only one that sounds that way, on the Atchison, Topeka and the Santa Fe."

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