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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

Jordan Cove Energy Project Clears Hurdle for New LNG Terminal

LCG, August 26, 2008--The Oregon Land Use Board of Appeals (LUBA) last Friday denied an appeal that would block the proposed Jordan Cove Energy Project. The LNG terminal is proposed to be built at Coos Bay, Oregon to receive liquefied natural gas (LNG) for re-delivery to the Pacific Northwest and adjacent markets via an expanded interstate pipeline system.

Opponents argued that Coos County?s approval of the permit was not consistent with Coos Bay Estuary Management Plan or state land use requirements, but LUBA did not accept the arguments. Opponents may appeal the decision within 21 days.

The Jordan Cove Energy Project is being developed by Jordan Cove Energy Project L.P., a limited partnership comprised of Fort Chicago Energy Partners L.P. and Energy Projects Development, LLC.

The project design includes a regasification capacity of one Bcf/day, 6.4 Bcf of LNG storage capacity, and plans for an interconnection to the proposed Pacific Connector Pipeline, with a transport capacity of 1 Bcf/day.

The Jordan Cove Energy Project is competing with two other LNG terminals proposed along the Oregon coast and awaiting approval from the Federal Energy Regulatory Commission (FERC). The other two projects are The Bradwood Landing LNG terminal and the Oregon LNG project, both located east of Astoria.
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