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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 Approves Entergy's Proposal to Establish Independent Coordinator of Transmission

LCG, March 23, 2005--The Federal Energy Regulatory Commission (FERC) yesterday approved a proposal from Entergy Corp. (Entergy) to establish an Independent Coordinator of Transmission (ICT) that would oversee the operations and planning of Entergy's electric transmission system. With the change, the FERC anticipates hundreds of millions of dollars in consumer savings caused by more efficient grid operations.

The ICT is expected to be the Southwest Power Pool (SPP), which operates in Arkansas, Kansas, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, and Texas. In 2004, the FERC approved SPP as a regional transmission operator (RTO).

The FERC limited Entergy's transmission pricing proposal to two years and directed Entergy to file additional information to clarify the ICT's duties, responsibilities and authority regarding requests for transmission service. Additional information was also requested from Entergy regarding its methodology for providing firm transmission rights to customers who pay for transmission upgrades.

Consistent with the direction of RTOs elsewhere in the nation, the FERC encouraged Entergy and the ICT to eliminate rate pancaking for transmission between systems. The actual progress in the Entergy region - and the Southeast in general - toward achieving the transparent, competitive markets set forth by the FERC in its Order 2000 and its Standard Market Design remains quite limited. In contrast, elsewhere in the Eastern Interconnect RTOs or independent system operators (ISOs), such as ISO New England, the New York ISO, PJM and - come April 1 - the Midwest ISO, have evolved dramatically and have implemented many of the market design features desired by the FERC.

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