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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 Build 900 Megawatt Cogenerator for Dow

LCG, Jan. 22, 2001American Electric Power Co. said this morning that it had signed a deal with Dow Chemical Co. for AEP to develop and build a 900 megawatt cogeneration plant at Dow'sPlaquemine, La., chemical complex.

Dow will operate the plant, which will provide steam to the chemical plant and handle some of its electricity needs. AEP said it has reached a 20-year agreement to sell up to 900 megawatts from the facility to Tractebel Energy Marketing Inc., subsidiary of the Belgian energy and services giant.

"This project is another example of AEP's ability to successfully link its technical and commercialskills to meet our customers' needs," said Paul Addis, an executive vice president.

Dow's energy business director, Bill Jewell, said "This power plant will enable Dow to be more energy efficient and allow us to grow to meet the needs of our customers."

Construction of the $325 million facility will begin this year, with startup scheduled for early 2003.

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