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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

New England Ready for Summer, ISO Says

LCG, May 18, 2001The operator of New England's bulk power grid said yesterday that there should be a sufficient supply of electricity to meet the summer needs of the region, refuting in part a report released Tuesday by the North American Electric Reliability Council.

ISO-New England said that NERC did not take into account firm agreements with Hydro-Quebec of Canada for at least 1,500 megawatts of power.

In its Summer 2001 forecast released last month, the ISO said that despite projected record-setting demand the region should not face blackouts, but conceded that extremely hot days or an extended heat wave could require the implementation of conservation measures.

"ISO New England is forecasting an adequate supply of electricity for the New England region thissummer," Stephen G. Whitley, vice president for system operations, said. "New England does not face the supply problems that are at the root of the crisis in California. Because of the addition of several new power plants throughout the New England region over the past two years, the growth in supply is outpacing the growth in demand."

With 1,000 megawatts of new electric generation added since June 2000, and another 1,600 megawatts expected to be on-line this summer, New England projects a reserve margin of almost 19%, which is higher than most other areas of the country, the ISO said.

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