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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 Power Producers Didn't Hold Back, FERC Says

LCG, Feb. 5, 2001Charges that California's independent power producers deliberately shut down plants with the objective of driving up the price of electricity are unfounded, according to a report released Friday by the Federal Energy Regulatory Commission.

"FERC staff did not discover any evidence suggesting the audited companies were schedulingmaintenance or incurring outages in an effort to influence prices," the report said.

"Rather the companies appeared to have taken whatever steps necessary to bring the generating facilities back on-line as soon as possible by accelerating maintenance and incurring additional expenses," the study continued. "Also, the outages did not correlate to the movement of prices on any given day."

An investigation had been demanded by California regulators seeking a reason for the power shortages which have gripped the state since last spring.

FERC said its investigators found that many plants were shut down as a result of their owners keeping them running earlier in the year when the state's transmission operator first began to feel the impact of power shortages.

Jan Smutny-Jones, executive director of the power producers' trade group, said Friday "Hopefully, today's FERC report will quiet those who have tried to blame the producers for the crisis, when in fact we have been and continue to be an important part of the solution to California'senergy woes."

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