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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

AES Wins Bid for $720 Million Qatar Cogen Project

LCG, May 25, 2001--AES Corp. said yesterday it has been awarded a contract by the Persian Gulf sheikdom of Qatar to build the Ras Laffan cogeneration power and water desalination project that will produce 750 megawatts of power and 40 million imperial gallons of water per day.

AES said it will own 55 percent of the project and assume operating responsibility. The remaining 45 percent interest will be held by the Qatar Government-owned Qatar Petroleum and the Qatar Electric and Water Co., along with the Gulf Cooperation Council-owned Gulf Investment Corp.

Output from the plant will be sold to the state-owned electric and water distribution organization, Kahramma, under a long-term agreement. Natural gas to fuel the plant will be provided by Qatar Petroleum, which will also build a facility at Ras Laffan Industrial City for seawater supply.

AES said it will enter into a fixed price, turnkey contract with a consortium of Enel Power and Fisia Italimpianti, both of Italy, to build the power and desalination facility. The company expects the power plant to be fully operational by May 2004, with partial electric deliveries available as early as March 2003.

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