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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

British Energy Minister Says Nuclear Power Necessary

LCG, Feb. 9, 2002--Prior to the release of a government report on British energy security, the energy minister Brian Wilson spoke in an interview with The Guardian about what he saw as the future role of nuclear power in Britain.

Wilson emphasized two trends - a significant increase in use of renewable energy resources, which he said could increase energy prices, and "a seller's market" in natural gas, which is being used by most new generating plants.

The minister is one of the few Labour party leaders who supports nuclear power. He said that nuclear investment might need assistance in the form of tax and planning allowances in order to make it competitive.

Other parts of the upcoming report, from a trade and industry select committee, advocates a target of 20% of energy supply from renewable resources by 2020. Wilson said that the country's climate change levy, assessed on emissions by power plants, would actually assist nuclear power. He said, "there is no contradiction between being pro-renewable and pro-nuclear."
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