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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

St. Joe Restores Service from Fire-Damaged Unit

LCG, Aug. 11, 2000--St. Joseph Light & Power Co. said yesterday that it had restored to service the 97 megawatt unit at its Lake Road plant that was damaged by fire on June 7. The unit provides more than a quarter of St. Joes system requirements.

"Repairs and startup tests have been completed and the unit is producing electricity," Dwight Svuba, vice president for energy supply, said. "This is about three weeks ahead of our original estimate that the unit would be returned to service in early September."

The company said that total cost of the fire, after insurance coverage, would be about $4 million. During the shutdown, St. Joe had to buy replacement power that turned out to be a lot more expensive than that produced at Lake Road.

Getting the unit back in service three weeks ahead of schedule, coupled with mild temperatures, will save the company about $3.1 million.

St. Joe said it will seek recovery of these costs as part of its next electric general rate case. If theproposed merger with UtiliCorp United Inc. is approved, however, some portion of these costs maybe expensed.

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