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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

Construction Commences on Hopkins Ridge Wind Project

LCG, March 18, 2005--Puget Energy Inc. yesterday announced yesterday that construction has started on the initial phase of its 150-MW, Hopkins Ridge Wind Project in southeastern Washington. The project, which is estimated to cost nearly $200 million, includes over 80 Vestas 1.8-MW wind turbines and is scheduled to be completed by early next year.

Puget Sound Energy (PSE) recently acquired the Hopkins Ridge Wind Project from Blue Sky Wind LLC. RES America Construction has initiated roadwork to support the project development and subsequent maintenance activities. Blue Sky Wind LLC and RES America Construction are both are affiliates of Renewable Energy Systems, Ltd. Following completion of the project, PSE will own the entire project. In addition to the Hopkins Ridge Wind Project, PSE has executed a letter of intent to purchase the proposed 230-MW Wild Horse Wind Power Project in Kittitas County, Washington.

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