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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

UK's Centrica Buys Enron's European Energy Retailer

LCG, Dec. 5, 2001--Centrica Plc, Britain's largest natural gas supplier, said yesterday it had agreed to buy Enron Corp.'s European retail arm Enron Direct for 96.4 million ($137.1 million U.S.).

Enron Direct serves about 160,000 commercial customers with long-term contracts stretching out as much as five years.

PriceWaterhouseCoopers, the accounting firm appointed last week as administrator for Enron Europe, agreed to Centrica's offer, which exceeded rival bids by Electricit de France and British utility Innogy.

Mike Alexander, managing director of the British Gas Trading subsidiary, said "This provides an ideal platform for advancing our plans for the commercial market. These long term customers represent an attractive additional market segment for Centrica."

Earlier, EdF seemed to be counting its chickens before they were hatched. Gerard Wolf, director of the French utility's chairman's office, had said "Enron Direct would fit well with our London Electricity business."

There remains a possibility that EdF could bid for Enron's 1,875 megawatt natural gas-fueled Teesside power plant in England. "We need to be more balanced in the UK. We need more generation," Wolf said.

Most of Enron Direct's business is in the UK, but there are small Spanish and Dutch units, Enron Directo and Enron Direkt.

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