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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

Ohio Issues Status on Retail Electric Competition

LCG, April 4, 2001--The first three months of "electric choice" have brought few shopping choices but welcome consumer protection standards for Ohio's residential electric customers, according to state Consumers' Counsel Robert S. Tongren.

In a report issued today on the status of retail electric competition in Ohio and its impact on the state's residential consumers, Tongren noted that "competition has been slow to develop, choices have been slow to materialize and savings have been slow to accumulate," residential consumers are benefiting in other ways.

Though alternative providers of electricity have not swamped householders with offers, "it's equally true that they aren't being subjected to the kind of risks that Californians are facing," said Tongren. "From our perspective at the Ohio Consumers' Counsel, that's a fair and reasonable trade-off."

Tongren warned out-of-state businessmen that Ohio will not tolerate "market abuses such as thoseseen in California. We will react swiftly and forcefully to ensure the continued integrity of Ohio'scompetitive electric marketplace to protect the interests of the state's residential consumers."

Forty-nine other states are making hay on California's pasture.

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