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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

Missouri Regulators Okay Laclede Holding Company

LCG, Aug. 17, 2001--Laclede Gas Co. said yesterday that Missouri regulators have approved the company's plan to form a holding company, and Douglas H. Yaeger, the firm's chairman, president and chief executive said the umbrella organization should be up and running by October 1.

"Our goal is to better serve the needs of our customers and our shareholders," Yaeger said, splitting his infinitive. "We plan to do this by continuing to improve the reliable natural gas service provided by our regulated core utility business while further developing our presence in unregulated arenas with which we are familiar and have some expertise."

Laclede shareholders approved the holding company, to be called The Laclede Group Inc., at the company's annual meeting last January. With approval by the Missouri Public Service Commission, the St. Louis-based natural gas distributor is free to move forward with its plans.

Laclede Gas, which serves 633,000 customers in and around St. Louis, will become a subsidiary of the new holding company and will remain a regulated utility. Its present subsidiaries -- Laclede Energy Resources Inc., Laclede Venture Corp., Laclede Development Co., Laclede Investment Corp., Laclede Gas Family Services Inc., and Laclede Pipeline Co. -- will be folded into the holding company as unregulated businesses.

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