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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

South Carolina Utility Cuts Gas Rate 15.24 Percent

LCG, March 7, 2001--South Carolina Electric & Gas Co., the principal subsidiary of Scana Corp., said yesterday it has received approval from the South Carolina Public Service Commission to lower its natural gas customers bills by 15.24 percent.

SCE&G said the new rate will go into effect with the first billing cycle this month, and a typical householder who uses 100 therms of gas will see his bill drop by around $20.

"We're pleased to be able to pass along lower gas prices to our customers, especially following several months of colder than normal winter weather," said Neville Lorick, president of SCE&G. "While it is extremely tough to predict changing natural gas commodity prices, if the current trendscontinue, we are hopeful we can continue to reduce costs to our gas customers."

SCE&G said it also was able to credit its residential and commercial gas customers' bills on average an additional $23.00 in December and January through the company's "Weather Normalization Adjustment." The company is also making progress on a plan under which customers can pay a flat monthly rate to 12 months.

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