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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

SoCal Ed Holds Off Most QF Power Suppliers

LCG, Aug. 6, 2001--Cash-strapped Southern California Edison Co. said Friday that it had reached settlements with most of the "qualifying facility" power producers that had sued it for non-payment, holding off for now the possibility that a group of them might force the utility into involuntary bankruptcy.

SoCal Ed said it had agreements in place with more than 100 QFs as well as with three of four larger generators, and was close to agreement with the fourth.

" With those settlements, we should have standstills with the vast majority of QFs that we've been in litigation with," said SoCal Ed senior counsel Russ Swartz. By "standstills," he meant that the parties had agreed to refrain from pursuing certain actions -- in this case lawsuits.

Ted Craver, chief financial officer for SoCal Ed's parent Edison International Inc., said the utility remains in "active discussions" with California legislators and Gov. Gray Davis on the deal negotiated by the governor for the state to buy its transmission system, despite the probability that nothing will be done until after the August 15 deadline agreed to by Davis and SoCal Ed in April.

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