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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

Dynegy May Buy Two Big UK Power Plants

LCG, Sept. 10, 2001--Dynegy Inc. of the U.S. is close to acquiring two of Britain's biggest power stations for up to 600 million ($892 million U.S.), the Sunday Times of London said yesterday.

Dynegy is believed to have outbid rivals such as Scottish Power and Scottish & Southern in the auction for Fiddlers Ferry in Cheshire and Ferrybridge in Yorkshire which began this year. The seller is Edison Mission Energy, a unit of California's beleaguered Edison International Inc., which purchased the plants in 1999 from PowerGen Plc for 1.3 billion ($2 billion).

Despite the 50 percent discount off Edison's purchase price, Dynegy's offer is considered generous in the face of declining power prices in the UK, the paper said.

Dynegy would not comment on the deal for the British power stations, but it did say that the company planned to continue its expansion in Europe and was always looking for acquisition targets.

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