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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

Gas Discovery Made in British Columbia

LCG, July 25, 2002--A gas exploration venture in eastern British Columbia has yielded a discovery in the Monkman area, the oil and gas producer Talisman Energy announced Thursday.

The other partners involved are Anadarko Candada Corp., National Fuel Exploration Corp., and Oiltec Resources Ltd. A well tested to a total measured depth of 4,801 meters is predicted to produce between 15 million to 37 million cubic feet per day, and is scheduled to begin production by September.

Talisman president and chief executive Jim Buckee stated in a release that the well in Monkman, the first in the region, will be followed by more wells this year and next. "Although an extensive exploration program will be required, we believe currently identified locations could contain more than one trillion cubic feet of unrisked reserves," he said.
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