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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

FERC OKs Big Gas Pipeline to California

LCG, April 24, 2003Energy officials gave final approval for the operation of a new pipeline expansion connecting the Rockies to California, and the addition is expected to enter service one week from today.

MidAmerican Energy Holdings Company, part of Berkshire Hathaway Inc., purchased the Kern River pipeline from Williams Cos. last year for $960 million in cash and debt assumption. MidAmerican then doubled the capacity of the pipeline by completing the $1.2 billion expansion Williams Cos. had begun planning in 2000.

Kern River covers 1,679 miles and already has long-term contracts on over 95 percent of its expanded capacity. The new and old pipelines will have a combined capacity of 1.73 billion cubic feet per day, up from the preexisting capacity of 835 million cubic feet per day.

Kern River entered gas transportation service in 1992 and was purchased by Williams Cos. in 1996. Construction of the pipeline expansion began in August of 2002.

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