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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

Aussie Plant Breakdowns Squeeze Victoria

LCG, Jan. 3, 2002--Equipment failures at the Loy Yang A and Yallourn power plants in the Australian state of Victoria last weekend have raised fears of looming blackouts or rationing, the Melbourne Herald Sun reported this morning

The threat comes as southeast Australia heads into its hottest part of summer, with predictions of all-time highs for power demand.

Victorian Energy Minister Candy Broad pooh-poohed the talk of rationing, saying there was no immediate threat to the state's power supply. But industry sources warned a string of weekday temperatures topping 95F, after industries returned from the holiday break on Monday, would stretch supplies.

"Demand is highly vulnerable to change in temperature," said National Electricity Market Management Company spokesman Paul Price.

One unit at Loy Yang is expected to be out of action until late March, but operators at Yallourn remain confident they can repair its damaged unit by January 20. But to compound problems, Loy Yang plans to shut another unit for six days of urgent maintenance from January 12.

The Victorian government has warned some of the largest power users of possible rationing. Some, including Alcoa's aluminum smelters at Point Henry and Portland, and BHP Billiton's Western Port plant, say they are ready to wind back demand if asked by the government.

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