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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

TransCanada, AltaGas to Buy Enron Canada Assets

LCG, Dec. 6, 2001--TransCanada PipeLines Ltd. said yesterday it has entered into a memorandum of agreement with AltaGas Services Inc. to form a partnership which would purchase the remaining rights and obligations of the 706 megawatt Sundance B power purchase arrangement from Enron Canada Power Corp.

TrasnsCanada said its subsidiary TransCanada Energy Ltd. will contribute about $110 million Canadian ($69 million U.S.) to the partnership upon closing for a 50 per cent interest.

The rights to the capacity of the Sundance B facility were originally purchased by Enron Canada Power Corp. under the Government of Alberta's auction in August 2000. At that time, TransCanada acquired the rights to the 560 megawatt Sundance A facility.

"TransCanada believes this arrangement represents an extremely competitive source of power in Alberta -- one of our core markets," said Hal Kvisle, chief executive. "This is another example of TransCanada demonstrating its ability to move quickly when a good business opportunity arises."

The Sundance power plant is located about 45 miles west of Edmonton, Alberta, and is the largest coal-fired electrical generating facility in Western Canada.

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