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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

Mirant to say 'Good-Bye' to India

LCG, Dec. 13, 2001--U.S. electric power generator Mirant Corp. confirmed this morning it would abandon its projects in India and cease doing business in that country because reforms in the Indian power sector have proved ineffective.

"The Indian energy market is imbalanced with high demand and short supply, but more institutional reform is necessary to support private sector participation," said Sanjay Kapoor, Mirant's manager for India.

The company said it will bow out of a joint venture to build a $5 billion power plant in the state of Orissa, which would have supplanted Enron Corp.'s Dabhol Power Project as India's largest plant. It will also walk away from a power project in West Bengal and close its office in the Indian capital of new Delhi.

Mirant was to have teamed up with India's Reliance Power in a 50-50 joint venture to build the 3,960 megawatt coal-fired Hirma power plant in Orissa. A Reliance spokesman said his company was "examining various options and is in discussions with the concerned authorities."

The Indian federal government has said the country needs to add more than 100,000 megawatts of generation over the next 10 years, doubling the present capacity. Together, Hirma and the nearly complete 2,184 megawatt Dabhol represent more than 6 percent of that objective.

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