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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

CP&L Offers 135 Megawatts for Sale

LCG, Aug. 28, 2000--Carolina Power & Light Co. has hung a "For Sale" sign on two blocks of power totaling 135 megawatts, the utilitys parent holding company CP&l;L Energy said Friday.

CP&L (the utility) has issued a request for proposals asking prospective purchasers to bid on blocks of 85 megawatts of capacity from CP&L system resources and 50 megawatts from Florida Power Corp. system resources, for delivery beginning in April 2001 and for periods up to six years.

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By the time any deals are signed, CP&L Energy expects to have completed its pending acquisition of Florida Progress Corp., the holding company for Florida Power.

The capacity sales are one of the steps that CP&L and Florida Power are taking to ensure that CP&L Energy's acquisition of Florida Progress does not adversely affect wholesale power markets and were endorsed by the Federal Energy Regulatory Commission in its July 12 order approving the acquisition.

CP&L said it will hold a bidders meeting on the request for proposals in September. The company expects to receive responses in November for delivery beginning in April.

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