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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

Covanta Energy Plans to Develop Energy-from-Waste Plant in Wales

LCG, January 30, 2009--Covanta Energy announced that it plans to construct a 70-MW power plant in Merthyr, Wales that will used waste as fuel. The target date for operations to begin is 2014.

The project, Brig y Cwm, will consume approximately 825,000 tons of waste per year. The estimated cost of the plant is approximately $570 million, and the project will be financed, built, owned and operated by Covanta Energy.

Covanta Energy is expanding its investments in biomass projects across the United States. In December 2008, Covanta announced that it had completed its acquisition of two biomass energy facilities in Maine. The two facilities, located in West Enfield and Jonesboro, have a combined capacity of 49 MW.
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