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Holtec Signs Strategic Cooperation Agreement with Utah and Hi Tech Solutions to Deploy Nuclear SMRs

LCG, May 1, 2025--Holtec International (Holtec) announced the signing on April 29 of a strategic cooperation agreement with the State of Utah and Hi Tech Solutions, a leading nuclear services provider based in Kennewick, Washington, to collaborate in the deployment of Holtec's SMR-300s (small modular reactor) in Utah and the broader Mountain West region. Hi Tech will play a leading role in the project development and workforce training to support the rise of new nuclear power generation in the region.

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EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

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Industry News

FERC Approves Pumped Storage Project in Oregon

LCG, May 2, 2019--The Federal Energy Regulatory Commission (FERC) granted approval and a license Tuesday to construct, operate and maintain the 400-MW Swan Lake Energy Storage Project, located near Klamath Falls, Oregon. The $800 million energy storage project is a joint project between Rye Development and National Grid, which are also in the earlier stages on an even larger, 1,200-MW project on the Washington side of the Columbia River east of Portland.

The proposed Swan Lake Energy Storage Project will provide utility-scaled energy storage capacity to complement the growth of wind farms that intermittently generate electricity within the day throughout the year. The project will pump water from the lower reservoir to the upper reservoir at times when power prices are relatively low. When power prices are high and energy is needed, water will be released from the upper reservoir through the power tunnel to the powerhouse to generate electricity. This will occur based on hourly power prices, the need to augment the production of local renewable wind power generation, or to provide ancillary power services.

The elevation difference between the two, 60-plus-acre reservoirs is over 1,600 feet, which would support an electric generating capacity of approximately 400 MW, together with a duration of up to nine hours.

The project would transmit electricity from the powerhouse via a new, 32.8-mile-long, 230-kV above ground transmission line that would connect to the grid at the Malin Substation.

The project developers are pursuing customers for the energy storage facility, which should be aligned with the needs of utilities in the Northwest that seek rapid growth in renewable resources and reducing or eliminating generation resources that emit carbon dioxide.
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