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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

South Jersey Gas Asks 19 Percent Residential Boost

LCG, Aug. 14, 2000--South Jersey Gas Co. on Friday asked the New Jersey Board of Public Utilities to approve a 19 percent increase in what it charges customers for natural gas. The company said it was just passing along higher market costs for the commodity.

The company said that during winter, an average residential heating customer in South Jersey using 200 therms of natural gas would see about a $33 monthly increase in his gas bill. Thats a night at the movies for a family of four.

South Jersey Gas said it concurs with the American Gas Association that current high prices are an aberration and will begin to reverse themselves over the next six to eight months. The company said it would pass reductions along as fast as they happen.

"Aggressive management of our natural gas supply portfolio insulated our customers from feeling the full brunt of the price spike," said South Jersey Gas president Charles Biscieglia. "It's our firm belief the market conditions that caused gas prices to rise are already changing. Also, we've ensured our natural gas supplies are sufficient to meet the needs of our customers for the coming winter and beyond."

He added "I want customers to know South Jersey Gas does not profit from the (rate boost) we filed for and everyone here is striving to keep costs down. As soon as we are able to lower this cost for our customers we will do so."

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