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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

Orion Power to Buy Columbia Electric Corp.

LCG, Oct. 3, 2000Orion Power Holdings Inc., an independent power producer created in the restructuring of Baltimore Gas & Electric Co., said yesterday it will acquire Columbia Electric Corp., the electric generation subsidiary of Columbia Energy Group., for $200 million in cash.

Orion will also assume debt associated with projects under development or construction by Columbia electric.

Columbia will sell power plants already in operation prior to Orion's acquisition of the company. Orion will get two power plants under construction and several in various stages of development. The two under construction are the Liberty Electric project, a 568 megawatt combined-cycle plant in Eddystone, Pa., and the 500 megawatt simple-cycle Ceredo Electric Generation Station in Wayne County, W.Va.

Among the plants in an advance stage of development are the 1,650 megawatt combined-cycle Kelson Ridge Generating Station in Charles County, Md., and the 500 megawatt simple-cycle Henderson Generating Station in Henderson County, Ky.

Ceredo is scheduled to begin commercial operation early next year, Liberty in early 2002, and Kelson and Henderson in 2004.

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