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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

PowerGen Confirms Merger Talks with German E.On

LCG, Jan. 18, 2001PowerGen Plc, the British utility that generates about 14 percent of the power used in England and Wales and serves more than 2.6 million retail customers, confirmed yesterday that it is in preliminary with German electricity giant E.On.

E.On, which was formed by the merger of Veba AG and Viag AG in 1999, approached the British company about a possible merger, PowerGen said. But PowerGen also said it had received "a number of approaches which may or may not lead to an offer."

PowerGen said in a statement "The discussions are at a preliminary stage and there is no assurance that any of these discussions may result in an offer," and E.On in its statement said the talks were "preliminary discussions about a possible connection with PowerGen."

PowerGen has said in recent months that it was interested in foreign acquisitions, but has not talked about mergers. E.On is know to be anxious to expand its European presence beyond the German borders.

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