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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

One Gas Rate Sought for Three Rhode Island Utilities

LCG, July 5, 2001Southern Union Co., which last year purchased three Rhode Island utilities, has asked the state's Division of Public Utilities and Carriers for permission to consolidate three sets of rates into one and says it will share savings from the combination of the companies with customers as well as shareholders.

Southern Union was roundly criticized last winter for not doing enough to keep natural gas rates in line for its Rhode Island customers, and DPUC commissioners were among the critics.

Last year, the company paid $400 million for Providence Energy Corp., the parent of Providence Gas Co. and North Attleboro Gas Co., $160 million for Valley Resources, which owned Valley Gas Co. and Bristol & Warren Gas Co., and $75 million for Fall River Gas Co. All of the companies were folded into Southern Union's freshly minted New England Division.

In its application, Southern Union said it wants to consolidate the rates of Providence Gas, Valley Gas and Bristol & Warren Gas. The company must file a more-detailed plan by Sept. 1 with the utilities division spelling out the details on issues such as how much money customers will save from the combination. A plan on how rates will change must go to the state Public Utilities Commission by Dec. 1.

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