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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

British Energy Takes Over Ontario Nukes

LCG, May 14, 2001Ontario Power Generation said on Saturday that it had closed a transaction under which a joint venture between British Energy Plc, the big UK nuclear generator, and uranium supplier Cameco Corp. will become operator of OPG's Bruce nuclear power plants.

British Energy will initially own 85 Percent of the venture, to be called Bruce Power, but that will drop to 79.8 percent as two unions representing workers at the plants take up a combined 5.2 percent interest by 2003. Cameco will own the other 15 percent.

Under the deal, Bruce Power becomes the licensed operator of the four-unit, 3,140 megawatt Bruce B station and also of shuttered Bruce A, which also has four reactors. Two of the Bruce A units may be restarted, adding 1,500 megawatts.

All of the output from the Bruce plants will be sold into the Ontario wholesale power market, which is scheduled to open to competition in May of next year. Until then, the output will be sold to OPG under transitional arrangements.

The Bruce nuclear plants are located about 150 miles northwest of Toronto.

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