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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

FERC Bars Data Sharing Between Cal-ISO, Water Agency

LCG, Nov. 21, 2001--The Federal Energy Regulatory Commission yesterday ordered the California Independent System Operator to stop giving preference to power bought from the state Department of Water Resources and to quit giving the water agency energy traders advance notice of the grid's electricity needs.

Power producers Mirant Corp. and Reliant Energy Inc. had complained to FERC that Cal-ISO was giving the state's energy traders preferential treatment by giving them access to information not available to other market participants. They also said Cal-ISO had purchased power from the CDWR at high prices when cheaper electricity was available.

FERC denied the companies' request for a formal investigation of Cal-ISO's relationship with the CDWR.

The ISO said it would comply with the FERC order, one way or the other. One way would be to share information with everyone -- the other would be to keep everyone in the dark about its power needs.

Reliant spokesman Richard Wheatley applauded FERC's action, saying it upheld the energy companies' complaints that "preferential treatment of certain market participants are not allowed."

Patrick Dorinson, a spokesman for Mirant, said his company was "pleased that FERC has clearly stated that DWR is a market participant and must follow the rules as we're all required to. In order to ensure a properly functioning market, we all have to be treated fairly."

The water agency didn't think it was being treated fairly. Spokesman Oscar Hidalgo said "The market rules seem to benefit the seller. I'm sure the rules didn't anticipate having a public agency as a participant. There was certainly no anticipation for a utility (Pacific Gas & Electric Co.) going under."
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