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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

FPL Completes New York City Peaker

LCG, July 8, 2002--A new peaking plant developed by FPL Energy has started selling power to the Long Island Power Authority (LIPA) from the Rockaway Peninsula, just east of the New York City borough of Brooklyn.

The gas-fired Bayswater Energy Center has an installed capacity of 54 megawatts, with construction having begun in December 2001. FPL Energy president Ron Green said, "We're pleased that the Bayswater Energy Center is now fully operational and able to support LIPA's energy needs for the Rockaways just in time to meet increased demand this summer." The plant's output is under long-term contract.

The Rockaway Peninsula is connected by the Cross Bay Veterans Memorial Bridge to the rest of the Queens borough. Cross Bay Boulevard, on the northern span, enters the marshes of Jamaica Bay, which were first developed for residential and recreational use in 1939. An alternative plan would have made the area a huge industrial port.
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