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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

Entergy to Contest AmerGen for Vermont Yankee

LCG, Nov. 29, 2000--Entergy Corp. has asked the Vermont Public Service Board to entertain a new bid for the 510 megawatt Vermont Yankee nuclear power plant, despite a prior agreement that would allow AmerGen Energy Co. to purchase the facility.

Rob Williams, a spokesman for Vermont Yankee Power Corp. which operates the plant, said his company couldn't act "in good faith" on any Entergy offer because "We have a signed agreement with AmerGen."

Entergy Nuclear said in a letter late Monday it had been following the Vermont Yankee hearing "with great interest" and want to make an improved offer over its bid which lost out to AmerGen's $23.5 million offer in October 1999.

When Entergy and AmerGen began buying used nuclear power plants they could be had for the value of fuel on hand, but the recent acquisition by Entergy of the Indian Point 3 and FitzPatrick plants from the New York Power Authority has raised the ante.

AmerGen saw Entergy's most recent move coming and last week more than tripled its offer for Vermont Yankee to more than $93 million. The Public Service Board, which has not yet ratified AmerGen's deal with Vermont Yankee Power corp., said it wanted only to get the best deal for the people of Vermont.

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