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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

AES Boosts Ownership in Argentine Hydroelectric Plant

LCG, Jan. 4, 2001AES Corp. said yesterday that it had acquired an additional 39 percent ownership interest in a 1,000 megawatt hydroelectric facility in the Argentine province of Neuquen, bringing its total interest to 98 percent.

Last August, the U.S. firm bought a 59 percent interest in Hydroelectrica Alicura from Southern Energy Inc., also of the U.S. Yesterday, AES said it had last week purchased additional interests of 19.5 percent each from the Argentine federal government and from the provincial government of Neuquen.

AES said it paid a total of $9 million in the two transactions.

Hydroelectrica Alicura consists of four 250 megawatt turbines. It is located in Argentina's Andes on the Limay River near Bariloche, on the border of Rio Negro province.

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