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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

Court Lifts Stay Blocking BG&E Rate Cut

LCG, Aug. 7, 2000--The Circuit Court of Baltimore City on Friday lifted the stay blocking a residential rate cut of 6.5 percent and the introduction of customer choice for electricity customers of Baltimore Gas & Electric Co.

The stay had been granted July 21 on the petition of the Mid-Atlantic Power Supply Association, a New Jersey-based organization claiming to represent out-of-state electric service suppliers seeking to do business in Maryland.

Christian H. Poindexter, chief executive of BG&E parent holding company Constellation Energy Group, said "Central Maryland consumers can now begin to enjoy the benefits of a deregulated electric market. In the interest of fairness to each of our 1 million residential customers, BG&Ewill provide retroactive savings from July 1, when customer choice began for virtually the rest ofMaryland."

BG&E President Frank O. Heintz noted that 19 electric service suppliers have been licensed by the Maryland Public Service Commission to compete for BG&Es customers and another 15 have applications pending. Apparently none of those 34 marketers are members of Mapsa.

Mapsa has now been turned down by five courts out of five in its effort to block BG&Es restructuring transition plan, but Judge Albert J. Matricciani Jr., who lifted the stay on Friday, said he would listen later this month to the organizations objections to the PSCs November 1999 settlement order for BG&E.

Poindexter didnt sound worried. "The PSC order, which will now be reviewed by the court, is sound and well reasoned. We are optimistic that the order will ultimately be affirmed," he said.

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