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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

Boundary Dam CCS Project Begins Operations

LCG, October 7, 2014-SaskPower announced Thursday the official opening of its Boundary Dam Power Station, a coal-fired, 110-MW unit now equipped to capture 90 percent of the carbon dioxide produced during combustion. The project, located in Estevan, Sakatchewan, is the largest commercial-scale, carbon capture and storage (CCS) facility in the world and will capture up to a million tonnes of carbon dioxide annually.

At the Boundary Dam Power Station, the captured carbon dioxide will be compressed and transported via a 40-mile pipeline to the Weyburn oilfield, where it will be used for enhanced oil recovery (EOR). The carbon dioxide will be purchased by Cenovus under a ten-year agreement for use in its oil fields. Cansolv Technologies Limited, a subsidiary of Shell, developed the amine-based carbon capture process (CANSOLV) used to retrofit Unit 3 at the Boundary Dam Power Station.

Canada's Minister of Natural Resources stated, "Today's announcement - a world first - demonstrates Canada's leadership in developing clean energy technology. Saskatchewan's Boundary Dam project is a prime example of Canadian expertise helping reduce emissions, while growing the economy."

The CEO of the Carbon Capture and Storage Association said, "The launch goes beyond a single project. SaskPower has made significant progress in making a valuable contribution to demonstrating a viable technical, environmental and economic case for the application of CCS to power plants. It is hoped that Boundary Dam will form part of a much needed commercial proof point that the economics make sense."

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