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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

Kuwait's Parliament Slows Emergency Power Projects

LCG, Feb. 13, 2002--The Kuwaiti parliament made the awarding of contracts for power plant construction subject to normal review procedures on Tuesday, rather than allow Electricity Ministry representatives to award contracts themselves.

$425 million worth of contracts were being considered in order to protect the country against possible shortages in 2003. Western executives consider the processing and review of contracts by the Central Tender Committee (CTC) to be an extended procedure.

Companies such as Siemens AG, General Electric, Alstom SA and Mitsubishi have already submitted bids for a gas turbine project worth approximately $400 million. The parliament is not altogether comfortable with state contracts that are not subject to traditional review, however.

The Electricity Minister Talal al-Ayar made a statement to the parliament that the ministry panel charged with approving power projects was in place "for the urgent necessity to implement projects to meet the country's future power needs."

The country experienced nine percent growth in power demand in 1999, and hopes to procure 1,000 megawatts in new capacity by 2004. Summer temperatures in the shade can reach 125 degrees Fahrenheit (50 Celsius).
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