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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

550 Megawatt Power Plant Planned for Oklahoma

LCG, Nov. 16, 2001--Dallas-based Genova Power Co. said yesterday it is considering a 50-acre tract about two miles east of Chickasha, Okla., for a 550 megawatt power plant. Construction could begin as early next fall with commercial operations beginning in the summer of 2004.

Jeffrey W. Schroeter, Genova's general manager, said the economic impact of the facility would be felt immediately and would extend throughout its projected 30-year service life. He said building the plant will require an average of 250 workmen over a 22-month period. In addition to their salaries, the company would also spend upwards of $12 million locally on goods and services.

Once in operation, the plant would provide about 25 jobs for skilled personnel, with a payroll of around $1.6 million a year, and some $1.5 million a year in local purchases would also be made. In addition, the facility would pay some $4 million a year in sales, use and property taxes, Schroeter said.

Chickasha Mayor Jim Parker was looking beyond the direct financial contribution of the powerhouse.. "A facility like this could become the foundation of the infrastructure necessary to meet the power demands of today and tomorrow. It would certainly make Chickasha very attractive to companies looking at relocation possibilities," he said.

The baseload plant would employ two gas turbines, a heat recovery steam generator to harness their exhaust gases, and a steam generator, operating in combined-cycle. It would be connected to the regional grid through facilities owned by American Electric Power Co. Inc.

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