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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

Massachusetts Agency Plan Would Increase Renewables

LCG, Feb. 7, 2002--A plan by the Massachusetts Division of Energy Resources would require increases in renewable energy use in the state, for a total net increase of 4 percent by 2009.

The renewable energy supply could be generated outside New England, and would have to be obtained by utilities and energy marketers, who would need to show proof that the energy provided by them was from a renewable resource, such as wind, solar power, or landfill gas. Hydropower would not be considered in the increases, given that environmentalists have objected to possible ecological impacts from hydropower.

If the renewable resources carried higher costs, the impact for the average household would be 15 cents per month, according to the division commissioner David L. O'Connor. O'Connor said that the proposal was mandated in 1998 electric restructuring legislation. An industry group, the Competitive Power Coalition, said that the plan is something its plant-owner members "believe in and support 100 percent." Neal Costello, the group's general counsel, also articulated the group's focus on having operating hydroelectric and incinerators included in renewable energy quotas prior to tracking of increased renewable purchases.

NStar Electric and Massachusetts, the major utilities, were said to be reviewing the plan yesterday, according to the Boston Globe. The state's lawmakers will need to approve the plan, which would go into effect in January 2003 unless significant modifications are sought.
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