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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

Floating Offshore Wind Turbine Shows Promise

LCG, June 20, 2012--Vestas, EDP, Energias de Portugal, Repsol, Principle Power, A. Silva Matos (ASM) and InovCapital recently announced that a Vestas v80 2.0 MW turbine - placed on innovative floating foundation called WindFloat - has been wet-towed to an offshore location approximately 5 km off the Portuguese coast at Agu?adoura and has already produced in excess of 1.7 GWh.

The new, floating foundation enables offshore windfarms to be developed in deep water and avoids the need for heavy lift vessels or piling equipment at sea. For Portugal's first offshore wind turbine, the final assembly, installation and pre-commissioning of the turbine and substructure took place on land in a controlled environment, with the complete system towed into position using simple tug vessels. With the floating foundation, wind farm siting criteria becomes independent of water depth, which will open up new, offshore areas for consideration of wind farms.

Vestas CEO stated, "Vestas has pioneered the wind turbines industry and is continuously striving to find new ways of lowering the cost of energy in offshore wind farm whilst increasing the business case certainty for our Customers. Floating foundations are one of the solutions with the highest potential for harvesting wind power in deeper waters, and the Windfloat project was a highly interesting possibility for us to help explore this area within offshore wind energy. We have been working in close collaboration with EDP and Principle Power on the project and we are very pleased with the successful integration of the turbine and the WindFloat platform. It has been an interesting and valuable experience and we are proud of the satisfactory results achieved so far."

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