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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

Newsmakers

Richard E. Terry, the chairman and chief executive officer of Peoples Energy, will retire effective August 1. He will be succeeded by Thomas Patrick, now president and chief operating officer. Patrick will continue as president upon the transition. Terry will have completed a 30-year career with Peoples Energy, having originally joined the legal department and served for over 11 years as chairman and CEO. Patrick, who has been with the company for 26 years, oversaw the company's utility subsidiaries and managed regulatory affairs and gas supply until 1998.

CMS Energy has promoted Michael VanHemert to the new position of vice president and secretary of CMS Enterprises, the diversified energy business unit. He will manage CMS Enterprises' corporate secretary activities as well as CMS Energy's investor services and corporate records areas. He will continue to serve as deputy general counsel of CMS Energy, in which position he is responsible for financing and securities matters.

Gary Cardone is resigning from Dynegy Europe, to take leave of absence for an undetermined length of time. Cardone was responsible for initiating gas trading in Britain when he helped create British Gas' energy trading division in 1994.

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