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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

Montana Power Sale of Utility Business Approved

LCG, Feb. 26, 2001The Federal Energy Regulatory Commission has approved the sale by Montana Power Co. of its electric utility operations to North Western Corp. of Sioux Falls, S.D., the two companies said in a joint statement Friday.

The deal will cost North Western about $1.1 billion, including assumption of around $488 million in Montana Power debt. Approval of the deal is still required from the Montana Public Service Commission and the U.S. Securities and Exchange Commission.

In March last year, Montana Power said it would sell all of its power plants, wires and other electric utility assets and become a telecommunications company. By summer, the company will have also sold other energy related businesses in coal, oil and natural gas, as well as its independent power production operations.

"This will take us completely out of the energy businesses and will leave us as a stand-alonetelecommunications company. Our name will be Touch America," spokesman Cort Freeman said.

It would seem that the name could have been sold along with the other assets.

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