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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

Government to Make 'Green' Power Mandatory

LCG, Oct. 5, 2000Stephen Byers, the British secretary for trade and industry, was expected to tell electric companies in the United Kingdom today that they must increase their use of renewable energy sources by almost seven times within 10 years or face stiff fines.

About 3 percent of Britain's power can currently be said to be from so-called renewable sources, and half of that comes from large hydroelectric facilities, which would be excluded under Byers' manifesto.

The proposals would require that the companies increase the portion of their power portfolios represented by wind power, solar energy, landfill gas and small hydro facilities of less than 10 megawatts from a national average of 1.5 percent to 10 percent by the year 2010.

Half of that goal would have to be reached by 2005.

Byers plan, which would replace a modest existing non-fossil obligation, would include a certificate trading mechanism under which companies with a surplus of green generation could sell credits to those with a shortage.

Electricity suppliers unwilling to meet Byers' goals would pay a penalty of 3 pence (about 4 cents U.S.) per kilowatt-hour.

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