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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

Calpine Buys Canadian Gas Producer

LCG, Feb. 8, 2001Calpine Corp. this morning announced plans to acquire Encal Energy Ltd., a Canadian natural gas and petroleum exploration and development firm based in Calgary, Alta., for about $1.2 billion including assumption of debt.

The acquisition will provide Calpine with about a trillion cubic feet equivalent of proved and probable natural gas reserves and access to firm gas transportation capacity from western Canada to California and the eastern U.S.

The San Jose, Calif.-based power provider said it was also getting "an accomplished management team capable of leading Calpine's business expansion in Canada."

Encal currently produces approximately 230 million cubic feet of gas equivalent per day, net of royalties, bringing Calpine's North America production to 390 million cubic feet equivalent. That's enough gas to fuel about 2,300 megawatts worth of power plants, the company said.

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