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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

State Okays Dayton Power & Light Sale of Gas Assets

LCG, July 13, 2000--The Public Utilities Commission of Ohio has approved the sale by Dayton Power & Light Co. of its natural gas distribution assets to Vectren Corp., the curiously-named holding company for Indiana Gas Co. and Southern Indiana Gas & Electric Co.

As part of their ruling, the regulators ordered that Vectren adopt DP&Ls existing tariff for gas service. The business will operated under the name Vectren Energy Delivery of Ohio Inc.

Niel C. Ellerbrook, chief executive of Vectren, said "With the timely receipt of the PUCO order, we are one step closer to our goal of completing this acquisition and providing quality services to our new customers in Ohio."

The transaction still must be approved by the Securities and Exchange Commission under the Public Utility Holding Company Act. Other remaining approvals include the Federal Communications Commission's authorization of the transfer of radio licenses held by DP&L, and action by certain local authorities regarding the transfer of operating rights.

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