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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

Regulators Give Some Peco Customers to Marketer

LCG, Nov. 30, 2000--The Pennsylvania Public Utility Commission said in a statement yesterday that about 299,000 residential customers of Peco Energy Co. will receive "discounted electricity" from the New Power Co. under a PUC-approved plan.

Kevin Cadden, communications manager for the commission, said customers would be randomlyselected from those who have not shopped for an alternative supplier under the state's electriccompetition program.

Customers choosing to participate in the program will receive power from New Power beginning inJanuary and continuing through January 2004. New Power is a joint effort by Enron, America Online andIBM. Peco will continue to provide transmission and distribution service.

"Peco will select customers who have not actively participated in our program," Cadden said."However, customers have the right to opt out of this program and to return to Peco at any time without a penalty."

The commission said the action is intended to create more competition in the Philadelphia area by allowing a competitor to provide default service to Peco customers. Customers who do not shop under the state's electric competition law automatically continue to receive electricity from their local electriccompany.

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