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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

Florida Panel Backs Wholesale Power Dereg

LCG, Feb. 1, 2001Florida's Energy 2020 Study Commission put a cautious toe into the electric deregulation waters yesterday by unanimously recommending that the state legislature consider opening the wholesale power market to competition.

The commission's recommendation was part of its overall objective of determining the best way to allow all Florida electricity consumers to choose their own suppliers, something the panel feels will take several years.

If the legislature acts on the panel's recommendation, it would open the way for merchant power plants to be built in Florida, including a facility proposed by Duke Energy Corp. in New Smyrna Beach. That project was stalled when the state's three big electric utilities prevailed on the Florida Supreme Court to rule that such a plant could not be built without legislative approval.

Michael Green, general manager for Duke's operations in the southeastern United States, said hiscompany would immediately revive its plans to build the New Smyrna Beach plant.

Commission chairman Walter Revell said Florida must build its sources of electric generation to avoid problems such as those in California, where no new power plants have been built in more than a decade.

The Energy 2020 Study Commission was created by Florida Gov. Jeb Bush last May and has been under pressure to produce a recommendation for this spring's legislative session.

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