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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

Widespread East Coast Power Failure Affects Flights, Subways

LCG, August 14, 2003This afternoon blackouts hit residents of New York, northern New Jersey, Michigan, parts of Long Island and Connecticut, and even Ottawa and Ontario.

According to the New York Times, upstate New York authorities told New York City officials the blackouts had to do with overload on the Niagara Mohawk Power Grid.

In addition fire at a New York City power station at 4:00 Eastern time may have contributed to the blackouts. Several authorities have pointed to Canada as the source of the blackout. Most authorities have asserted that the cause is still unknown.

Reuters has also reported that a nuclear plant in New Jersey is not operating, which may have contributed to an overloaded system. Indian Points two nuclear reactors, as well as Ohios Perry and Fermi nuclear generators have been shut down because of loss of off-site power.

Several airports are experiencing outages, including all three of New York Citys. Ground stops have been ordered for Cleveland, Kennedy, LaGuardia and Newark, N.J. airports, preventing planes from leaving those airports until further notice.

Subways in several cities are down, and combined with traffic signal failures, wreaked havoc in rush hour streets.

No evidence of terrorism has as yet been linked to the power failure, according to the Federal Energy Regulatory Commission and the FBI.

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