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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

California ISO – Back to Stage 2

LCG, Jan. 10, 2001While everybody who is anybody in the California electric power business was in Washington yesterday, it was business as usual with the California Independent System Operator, and that could have told the folks meeting at the Treasury Department what's wrong in the Golden State.

Once again, there wasn't enough electricity to go around. Cal-ISO put a Stage 2 electric emergency into effect from 5:00 p.m. to 10:00 p.m., and the state's investor-owned utilities began curtailing power deliveries to customers with interruptible service contracts.

A business can save real money by buying power under an interruptible contract that allows its utility to shut off its electricity when things get tight, but ordinarily that would happen only once or twice a year. Since last May, it has happened about 30 times, and many businesses say they won't sign the contracts this year.

Yesterday was going to be tough to begin with, as some 10,000 megawatts of California power plants were shut down due to planned and forced outages and a limited amount of imported power was available from the Northwest. When a major plant in Southern California went off line in the afternoon, Cal-ISO called the Stage 2 and directed utilities to shed 1,200 megawatts of load.

According to the ISO, demand across the California control area was expected to peak at 32,322 megawatts at around 6:00 p.m.

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