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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

AEP to Buy Houston Pipe Line Co. from Enron

LCG, Jan. 12, 2001American Electric Power Co. said yesterday it had signed an agreement for its AEP Energy Services Gas Holding Co. subsidiary to acquire Houston Pipe Line Co. from Enron Corp. through a stock purchase. Financial terms were not disclosed.

Houston Pipe Line owns or leases, and operates, one of the most extensive and flexible natural gas gathering, transportation and storage operations in Texas. Its intrastate system includes more than 4,400 miles of pipe with capacity of approximately 2.4 billion cubic feet per day and the operation of one of the largest storage facilities in North America with a capacity of approximately 118 billion cubic feet and significant injection and withdrawal capacity.

Paul Addis, an AEP executive vice president, said the deal "will enhance AEP's natural gas business with its multiple connections into the production areas of Texas, its numerous interconnects with intrastate and interstate pipelines, and its position in and around Houston as a premier provider of natural gas."

AEP said the transaction should close before summer, The deal requires certain regulatory approvals and is subject to an anti-trust waiting period.

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