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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

Protests Delay Vote on Sale of Brazilian Utility

LCG, Aug. 17, 2001--Legislators in the Brazilian state of Parana were set to vote yesterday on whether to sell into private hands the state's electric generation, transmission and distribution utility, Copel, when anti-privatization activists invaded the capitol building and disrupted the proceedings.

The lawmakers will try again next week, officials said. The state, in southern Brazil, immediately south of the state of Sao Paulo, plans to complete the auction of Copel by October 31.

But the sale of the utility has met with strong resistance from local politicians and populist activists fomenting fears that private ownership would mean higher rates and degraded service, all in the name of profit.

Yesterday, thousands of demonstrators gathered in Parana's capital city of Curitiba, invaded the assembly's building and clashed with police, reports said. The anti-privatization forces said they expect to have sufficient support to block privatization if the vote is taken next week.

Five foreign firms have indicated an interest in purchasing the utility, including Belgium's Tractebel, Hydro-Quebec of Canada, Electricit de France, Germany's RWE and the Spanish Endesa.

Between 76.5 percent and 90 percent of the voting stock in Copel will be sold, depending on how many of the company's minority shareholders participate in a government offer to buy their shares for inclusion in the auction.

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