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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

Calpine Buys UK's Saltend Plant from Entergy

LCG, July 6, 2001--Entergy Corp. said it yesterday it has sold Saltend Energy Centre, one of the largest natural gas-fired plants in the United Kingdom, to California-based independent power producer Calpine Corp. for 560 million ($784 million U.S.).

The 1,200 megawatt plant, one of Britain's biggest and most modern gas fired power stations, began commercial operations last November. Entergy said it would keep its 800 megawatt Damhead Creek power plant close to London. Damhead started operating in February.

Saltend provides electricity and steam for BP Chemical's Hull Works plant under the terms of a 15-year agreement. The rest of the facility's output is sold into the deregulated British power market.

Entergy said the sale of Saltend was "a substantial opportunity to immediately harvest value and redeploy capital."

"This modern cogeneration facility marks Calpine's entry into the robust UK power industry andrepresents the cornerstone for our European strategy," said Rick Haviland, Calpine senior vicepresident. "We plan to capitalize on our core power competencies developed in North America,including power plant development, construction, operations and power trading, selectivelyexpanding our operations in the UK, as well as Italy and Spain."

The sale brings the amount spent on British power station acquisitions in the past two years to more than 5 billion ($7 billion). Ten UK power plants, with a combined capacity of more than 16,000 megawatts, have been sold since the spring of 1999.

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