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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

Long Island Plant's Capacity Boosted

LCG, July 1, 2002--The Long Island-based Bethpage power plant owned by Calpine is able to produce 48 additional megawatts after an upgrade, bringing its overall capacity to over 100 megawatts.

The new capacity is under contract to the Long Island Power Authority (LIPA) for three-and-a-half years, according to Calpine. Bethpage is located in west-central Long Island, and provides electricity and steam to an adjacent Northrup Grumman Corporation facility. Before the addition of capacity, only surplus electricity not used by Grumman had been sold under agreement to LIPA.
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