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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

Niagara Mohawk to Cut Power Delivery Charges

LCG, Aug. 17,2000--Niagara Mohawk Power Corp. said yesterday that the New York State Public Service Commission had approved its plan to lower electricity delivery prices for most of its customers beginning next month.

Residential and small commercial customers will see average electricity delivery price reductions of about 1.5 percent when compared to last September. The reduction would be on top of an average 1.7 percent delivery price cut over the last two years.

The companys largest industrial customers will see their delivery prices reduced by about 1.9percent when compared to a year ago.

William E. Davis, Niagara Mohawk's chairman and chief executive, said "These savings and New York state's important energy tax reductions will play a significant role in our efforts to promote economicdevelopment and competition across our service territory."

Total savings the three-year plan will come to about $600 million, including gross receipts tax reductions and discounts currently offered to Niagara Mohawk's largest customers under the company's flexible pricing programs, the company said.

Davis said the new pricing structure will allow customers to make more meaningful comparisons between Niagara Mohawks prices and those of other service providers.

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