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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

PG&E Suppliers to Continue Providing Gas

LCG, Feb. 8, 2001Pacific Gas & Electric Co. said this morning that five natural gas suppliers have agreed to continue supplying the utility in exchange for a security interest in future utility accounts receivable resulting from resale of the gas.

PG&E warned that the five suppliers provide only a portion of its natural gas requirements, an amount insufficient to "avert severe shortages in the coming days or weeks." Gordon Smith, PG&E chief executive, said the utility was trying to get more suppliers to agree to the plan. "We remain hopeful we can avoid what otherwise threatens to be a very serious gas shortage," he said.

The company said it had only about nine days' supply of gas in storage, and that would be depleted rapidly if suppliers stopped their deliveries.

The five companies agreeing to continue furnishing gas to PG&E are BP Energy Co., Texaco Natural Gas, Dynegy Marketing and Trade, Texaco Canada Petroleum and Dynegy Canada Marketing.

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