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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

Regulators to Probe Rising CostsFor Silicon Valley Wires Upgrades

LCG, Aug. 24, 2001--The California Public Utilities Commission voted yesterday to hold hearing into the soaring costs that threaten plans by Pacific Gas & Electric Co. to make much-needed improvements to power transmission facilities serving Silicon Valley.

Sarah Thomas, a CPUC administrative law judge, warned earlier this month that the rising costs would delay PG&E's project. She said existing facilities "will be insufficient to meet demand as early as summer 2002, and it will take PG&E some time to build the project."

Silicon Valley, the heart of the U.S. high-tech industry, is a 40-mile stretch of the San Francisco Peninsula, beginning at Palo Alto in the north and extending just beyond San Jose in the south. PG&E has planned improvements which would include a new 7.3 mile, 230 kilovolt transmission line, a new switching station and some other upgrades.

But the company says that a change in the route from its recommendation and a new requirement that the line be underground, with cable that must be ordered from France, have more than doubled the cost of the project to $182 million, a big hit for a utility that finds itself in bankruptcy court.

PG&E faces a similar transmission upgrade in the Tri-Valley area, a region on the east side of the Oakland Hills that has several fast-growing suburbs and a high-tech industry that spilled over from Silicon Valley.

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