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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

Energy Alberta Files with CNSC to Construct Nuclear Reactors

LCG, August 29, 2007--The Canadian Nuclear Safety Commission (CNSC) yesterday received an application from Energy Alberta Corporation to construct up to two nuclear reactors near Peace River in Alberta. The proposed nuclear power station would include two reactors with a combined net electrical output of 2,100 MW. The target date for commercial operations is early 2017.

The estimated total cost of the proposed facility is C$6.2 billion. The reactor design would employ the ACR-1000, which is founded upon the Atomic Energy of Canada Limited's (AECL) CANDU nuclear technology.

The selected site is on private land located approximately 18 miles west of the town of Peace River, Alberta, where Energy Alberta obtained about 1,400 acres of land.

Energy Alberta is a privately held company, incorporated in Calgary in October 2005. For this project, Energy Alberta partnered with AECL, the federal Crown corporation that provides Candu reactors.
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