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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

Covid-19 and ERCOT SARA Scenario Analysis of RESOURCE ADEQUACY June-December 2020

LCG May 25, 2020--LCG Consulting released a report of ERCOT market performance for the second half of 2020, using market simulations with LCG’s UPLAN Network Power Model. Resource adequacy analysis for the region is critical during extreme summer loading conditions as the reserves have tightened because of recent retirements. On top of this, the COVID-19 pandemic, and the society’s response to it, are continuing to cause observed impacts to the power system and market. The UPLAN uses the generation resources from Seasonal Assessment of Resource Adequacy (SARA) and the load forecasts based on Moody’s Analytics.

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