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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

Assessments of Possible Carbon Restriction Impacts Promised by AEP, Cinergy

LCG, Feb. 19, 2004--Two major electric power producers with significant coal generation assets have announced that they will produce reports on planned steps to address global warming concerns, and will likely outline what they see as massive costs associated with such efforts.

In exchange for the promises for such disclosures by American Electric Power Co. (AEP) and Cinergy Corp., shareholder groups that had been prepared to submit resolutions to force such analyses have backed away from those initiatives. In the case of Cinergy, it will undertake its assessment with Mission Responsibility Through Investment Committee of the Presbyterian Church (USA), which had taken part in preparing a resolution. Cinergy and AEP have already pledged themselves to emission reduction targets with respect to a range of "greenhouse gases."

The shareholder groups are hoping that the reports (AEP plans to issue its findings in September 2004) will address operational objectives, possible competitive effects, and social pressures. A previous resolution undertaken at AEP that would have required the company to disclose its financial risk due to emissions-related legislation received just below 27% of votes cast in favor.
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