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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

Power Authority Announces Long Island Projects

LCG, Nov. 14, 2002--Two power projects which will provide up to 134.9 megawatts of generating capacity before next summer have been announced by the Long Island Power Authority (LIPA).

In Far Rockaway, a 55-megawatt unit will be built by FPL Energy, the subsidiary of FPL Group Inc. The facility will be sited adjacent to the existing Bayswater plant. Once built, the output of the Bayswater Clean Energy Center, a peaking plant, will be sold under a long-term contract to LIPA. North Bellport will be home to a plant built by PSEG Power, which is to supply 79.9 megawatts.

The plants will provide most but not all of the projected need on Long Island for next summer. Seasonally elevated heat and humidity will mean that 200 megawatts of capacity are required, according to Richard Kessel, the LIPA chairman, in a statement.

A plant which was previously planned by PPL Corp. in Freeport would have provided 44 megawatts starting next year, but was canceled by the developer. The reasons cited were rising costs and delays in the schedule, with the possibility of $65 million in avoided expenditures, according to PPL.
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