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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

AES to Expand Generating Capacity at Buffalo Gap Wind Farm

LCG, August 29, 2006--AES Corporation announced yesterday that construction has started on Buffalo Gap 2, a major expansion of a new wind farm located near Abilene, Texas that began operations earlier this year. AES also announced that it has executed a power purchase agreement (PPA) to sell all of the green power to Texas retail electric provider Direct Energy, which is also the purchasing the power from the initial phase of the project. The new PPA has a 10-year term.

The electric generating capacity of the existing wind farm is 121 MW. Buffalo Gap 2 will include 155 new wind turbine generators from GE and add 233 MW of capacity. The expansion is scheduled to commence commercial operations in mid-2007.
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