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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

NextEra Energy Seeks License Extension for Point Beach Nuclear Plant

LCG, November 23, 2020--The Nuclear Regulatory Commission (NRC) recently received an application from NextEra Energy to extend the licenses for the two reactors at Point Beach Nuclear Plant for an additional 20 years. The NRC had previously approved 20-year license extensions that are now scheduled to expire in 2030 and 2033. The newly submitted applications for subsequent (or second) license renewals (SLRs) will allow for the reactors to operate a total of 80 years.

The carbon-free, 1,200-MW nuclear plant includes two Westinghouse pressurized water reactors (PWRs) and is located on a 1,200 acre site in Two Rivers, Wisconsin. In 2019, Point Beach generated approximately 14 percent of all the electricity created in Wisconsin.

The commercial operation dates for Unit 1 and Unit 2 are December 1970 and March 1973, respectively. NextEra Energy Resources purchased the plant from Wisconsin Electric Power Company in October 2007.

In December 2019, the NRC approved an SLR application filed in 2018 for the Turkey Point Nuclear Generating Units 3 and 4, which are owned by another NextEra affiliate, Florida Power & Light (FPL). That approval was the first time the NRC issued renewed licenses authorizing reactor operation from 60 to 80 years. In March 2020, the NRC also approved the SLRs for Exelon Generation's Peach Bottom Atomic Power Station Units 2 and 3, which are located in Pennsylvania.
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