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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

Enron, Petrobras to Build Power Plant Near Rio

LCG, Sept. 15, 2000Enron Corp. and Petrobras, Brazil's big, government-owned oil and gas business, have formed a partnership to build a 350 megawatt power plant at Seropedica in the state of Rio de Janeiro, an official of Enron South America said yesterday.

Joao Carlos Albuquerque, Enron South America's vice president for supply, said "We chose to go for this partnership with Petrobras to the detriment of other projects in the United States because it will be advantageous for Enron"

The $250 million plant is penciled in to begin commercial operation in June 2001. It will be built adjacent to the site of another Enron project, the Riogen plant which will produce 500 megawatts of power after an investment of about $350 million.

Fuel for the new plant will be provided by Petrobras under a five-year agreement. Albuquerque said it was possible that the plant would be expanded from the initial 350 megawatts, noting that capacities of around 500 megawatts were the norm for new generation.

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