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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

Kazakhstan Hopes to Boost Gas Exports

LCG, Nov. 13, 2001--The government of Kazakhstan is exploring the possibility of exporting natural gas to Europe through Russia's Gazprom pipeline system, Kazakh Deputy Energy and Natural Resources Minister Uzakbay Karabalin said at a government session this morning.

Although it is possible at present to transport Kazakh gas through the Central Asia-Center pipeline and through Russian gas transportation systems, it is also possible that Kazakhstan and investors producing gas in the republic will participate in the expansion and modernization of existing Russian gas pipelines, BBC reported.

Kazakhstan is also looking to transport gas to Turkey through a new Tengiz-Turkmenbashi-Baku-Tbilisi-Erzerum pipeline, but Karabalin said it would be first necessary to "resolve the issue of the status of the Caspian Sea and prepare a final estimate of its oil and gas reserves."

According to Karabalin, "a more interesting" export route for Kazakh gas is the Central Asia-Pakistan-India gas pipeline. According to forecasts from the World Bank, total gas consumption in these countries will amount to more than 4 trillion cubic feet in 2010.

Still, the Gazprom connection to Europe is the most promising of all Kazakh gas transportation projects, Karabalin said.

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