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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

Bankruptcy Court Apprvoes PG&E Transmission Upgrades

LCG, Feb. 12, 2002--Requests made by Pacific Gas and Electric last month for approval of two major transmission projects have been answered in the affirmative by the U.S. Bankruptcy Court.

Due to PG&E's bankrupt status, spending items of over $50 million must be reviewed by the court. The Path 15 upgrade's financing is being overseen by public and private entities, many of which will co-own the lines. PG&E has been allowed to spend up to $75 million for the upgrades, which will join lines connected to the Los Banos and Gates substations.

The other item approved, the Tri-Valley Capacity Upgrade project, will lead to improvements of the California transmission system east of San Francisco. The system is nearing capacity, and serves Dublin, Livermore, Pleasanton and San Ramon, among other communities. These municipalities have granted their own approvals, as has the Official Creditors' Committee. The project will receive as much as $136.9 milion.

The Path 15 upgrade in particular was seen last year as a means of preventing future supply crises in California due to transmission bottlenecks.
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