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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

West Africa Needs $10 Billion in Power Investments

LCG, Oct. 3, 2001--A plan approved by the energy ministers of the Economic Community of West Africa States aimed at solving the problems of the regional energy sector calls for an investment of $10 billion in the West African electric power infrastructure, the Nigeria Guardian reported this morning.

Raising that sum will be difficult, the plan admits, because of the perception of the countries as belonging to the high risk zone.

The plan said "both domestic and international investors are discouraged by the high risk they see stemming from West Africa's wars, rebellions, coups, refugees, labor unrest, ethnic clashes and corruption."

The ministers said the need was urgent to build new power plants and to update and build new high voltage transmission lines over the next 15 years.

According to the master plan released in Abuja, Nigeria, yesterday, about $5.8 billion is needed in new investments for a 10-fold increase in existing transmission capacity and six-fold increase in installed generation capacity.

The plan said that putting into operation the West Africa Power pool, which was conceived about 20 years ago, could help power improvements move forward.

"Implementation of the WAPP will create benefits that can be captured and shared among governments, utility companies and end-use consumers," the Guardian quoted the plan as emphasizing.

But there remains a considerable deterrent to investment because of all those wars, rebellions, coups, refugees, labor unrest, ethnic clashes and corruption.

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