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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

Serbia Deepens Power Cuts, May Raise Prices

LCG, Dec. 26, 2000-- Serbian Energy Minister Srboljub Antic said yesterday that electric power rationing, under which about half of the country's electric customers have gone without power for at least four hours a day, would be tripled, affecting more people for longer periods.

Yesterday, the Serbian power company Elektroprivreda Srbije (EPS) extended the power cuts to about three quarters of its customers and stretched the periods of the outages to eight hours.

December 25 isn't Christmas in Serbia, which celebrates the Orthodox feast on January 7.

The austerity is in response to complaints from Serbia's neighbors, with whom it is interconnected in the transmission grid of the former Yugoslavia. Serbia has been using those connections to import unauthorized amounts of power from other Balkan countries, Antic said.

"As of today we must stop unauthorized borrowing of electricity from our neighbors to cover our needs and resolve our own problems," he told a news conference yesterday.

Serbian officials say the power shortage is the result of several factors, some natural some man-made. A summer drought and a winter that so far has provided little rainfall have lowered the water levels of the Danube and Sava Rivers, which has severely reduced hydroelectric production. In addition, the power infrastructure was neglected during the administration of ousted President Slobodan Milosevic, who diverted cash to military or personal use.

The power cutbacks could go even deeper than Antic predicts. EPS assistant general manager Dragan Batalo said things had got so bad that institutions such as hospitals might no longer be exempted from the cuts. "It can even happen that consumers remain without power for an unplanned and unlimited time," he said.

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