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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

OG&E Announces Plans to Purchase Wind Project

LCG, December 28, 2005--Oklahoma Gas and Electric Company (OG&E) announced last week that it has agreed to purchase a 120-MW wind project located in northwestern Oklahoma for $180 million. The non-binding agreement is a letter of intent with Invenergy Wind LLC, an affiliate of Chicago-based Invenergy LLC.

The wind farm would be developed by Invenergy Wind LLC and would be owned and operated by OG&E. The project site is in Harper County. The final terms of the agreement must still be developed and would be subject to approval by the Oklahoma Corporation Commission. Given timely development and approval of the agreement, the project could be built and begin generating electricity by the end of 2006.

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