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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

EdF in 715 Megawatt Power Plant for Vietnam

LCG, Sept. 17, 2001--A consortium led by Electricit de France was set to received a license from the government of Vietnam to build a 715 megawatt, $480 million gas-fueled power plant at the southern coast city of Phu My, Deutsche Presse-Agentur reported this morning.

The Vietnamese Ministry of Industry confirmed the licensing, which was to include the signing of a contract with the ministry, a power purchase agreement with state monopoly Electricity of Vietnam and a gas supply agreement with PetroVietnam.

According to Deutsche Presse-Agentur, the 715 megawatt Phu My 2-2 is to be part of the 3,600 megawatt Phu My Power complex in southern Ba Ria-Vung Tau province. EdF has already contracted with General Electric Co. of the U.S. to supply turbines for the plant.

Fuel for the plant will be piped onshore from Nam Con Son sea basin project off the coast. Construction of a $565 million, 236-mile underwater pipeline from Nam Con Son basin to Phu My station began in May.

When completed in 2004, the entire Phu My complex will generate enough power to meet roughly 40 per cent of Vietnam's electricity needs, Electricity of Vietnam has said.

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