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News
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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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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
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.
Holtec's SMR-300 is a pressurized light-water nuclear reactor designed with a 300-MW capacity. The SMR-300 is one of seven advanced reactor designs supported by the U.S. Department of Energy's (DOE) Advanced Reactor Demonstration Program and the only design based on proven light-water reactor technology.
The collaboration supports the Utah Governor's “Operation Gigawatt” and “Built Here” strategies to double power production in Utah within ten years and to enhance clean energy policies, including nuclear power. Holtec and Hi Tech Solutions are cooperating to advance plans to deploy a fleet of SMR-300 reactors across the Mountain West, and they plan to build a permanent training facility in Utah by 2028 to focus on operations, maintenance and future technologies. The facility will focus on developing a skilled workforce for both the existing US reactor fleet and next-generation SMR technology through key collaborations with Utah’s universities, technical colleges, and trade schools.
“This partnership with Holtec and Hi Tech Solutions positions Utah at the forefront of America’s nuclear future, by building a complete ecosystem around SMR technology. We’re not just meeting our state’s growing energy needs—we’re also strengthening national security and powering the next generation of innovation. Reliable nuclear energy will support the AI systems, data centers and critical infrastructure that drive both our economy and our defense. This is the Utah Dream in action—energy independence that keeps America strong and Utah leading the way,” said Utah's Senate President.
The SMR-300 incorporates a modular design, with its components manufactured in factories that can be shipped and assembled on-site for maximum flexibility. Holtec plans to bring its manufacturing expertise to Utah as the preferred destination for a western manufacturing location for the SMR-300 reactors. This will both help strengthen the US nuclear supply chain by manufacturing and assembling SMR-related components and systems in Utah, as well as deliver economic growth to Utah.
The Director of the Utah's Office of Energy Development stated, “As we thoughtfully explore adding nuclear to Utah’s energy mix, we look forward to developing efforts that support the workforce and investment necessary to realize the goals of Governor Spencer Cox’s Operation Gigawatt. The deployment of clean, scalable and reliable energy resources will protect quality of life for all Utahns.”
Holtec is already working to repower the Palisades Nuclear Generating Station in Michigan this year and has received a conditional commitment of up to $1.52 billion in loan guarantees from the DOE to support the work. Furthermore, Holtec plans to build its first two SMR-300s at the Palisades site by 2030 to nearly double the capacity at the location. Holtec expects the two SMRs in Michigan to serve as the reference units for future projects, which includes deploying up to 4 GWs of SMR-300s in the 2030s, primarily focused in Utah and Wyoming and supported by the ongoing testing at the Idaho National Labs. To build these Mountain West projects, Holtec plans to work with Hyundai E&C (Seoul, Korea) and Mitsubishi Electric (Kobe, Japan), with assistance from Hi Tech Solutions.
Holtec’s President of Global Clean Energy Opportunities said, “We are not just delivering nuclear reactors; we have put together a plan to deliver the entire nuclear ecosystem to Utah and the surrounding region, inclusive of EPC delivery of the plants, manufacturing centers to produce major components, and workforce development tied to the specific delivery needs for the program,” said Holtec’s President of Global Clean Energy Opportunities.
Utah recently passed legislation to support nuclear power development in the State, in addition to new legislation that modernizes Utah’s energy framework by allowing large load energy consumers (those needing 100 MW or more) to enter into flexible contracts with existing utilities or alternative energy providers. Holtec’s Chief Strategy Officer said, “The new legislation supports our vision to start the incubation of our SMR-300 program in Utah and expand it into the Mountain West.”
Holtec’s “Bridge to 2030? plan also includes the installation of the its hybrid solar collection technology called HI-THERM HCSP. The technology uses the concentrated solar plant and relies upon Holtec’s experience in heat exchanger design, engineering, and modular manufacturing. Holtec expects that, given simpler regulatory processes, HI-THERM HCSP can be deployed more rapidly to meet growing power demands and serve as a bridge to SMR-300 deployments. Holtec expects that the HI-THERM HCSP can be configured with a capacity factory of over 60 percent, which would overcome the intermittency weakness of traditional solar energy generation from photovoltaic plants. HI-THERM HCSP also incorporates a steam turbine to produce electricity, providing grid stabilization benefits not attenable from photovoltaic systems.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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