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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

European Firms Get $700 Million to Complete Iraqi Plant

LCG, Sept. 19, 2000The government of Iraq has signed contracts worth $700 million with several European companies to complete a power project halted by U.N. trade sanctions, the Iraq News Agency reported yesterday.

The report from the official news agency Iraq's public relations department did not say which companies were involved or whether they were acting separately of as a consortium.

The plant, about 250 miles north of Baghdad near the city of Mosul, will be completed by firms from England, Germany, Italy, Sweden and Yugoslavia. Money for the program has been set aside from U.N.-authorized oil export revenues.

The news agency did not say whether the U.N. sanctions committee, which examines Iraqi contracts, had approved the program, nor did it disclose the capacity of the power plant. It did say that when it was completed the plant would make up the current power shortage in Iraq.

If it does, the facility will be the mother of all power plants, to borrow a phrase favored by Iraqi strongman Saddam Hussein. According to the news agency, Iraq currently has about 5,000 megawatts of generation while power officials estimate the country's needs at 10,000 megawatts.

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