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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

US Supreme Court Upholds FERC Open Access Order

LCG, Mar. 4, 2002--The U.S. Supreme Court ruled today in support of a Federal Energy Regulatory Commission rule that forced utilities to make transmission access open to energy suppliers that do not own their own transmission lines.

FERC Order 888 was issued by the FERC in 1996 in recognition of the incentive that transmission-owning utilities have to give preferential access to their own power transmission needs. The order was being challenged by the regulatory commissions of nine states, including New York, Florida, Idaho, New Jersey, North Carolina, Virginia, Washington, Vermont and Wyoming. They contended that FERC overstepped its authority by intruding on states' ability to regulate retail markets.

Richard Pierce Jr., a law professor at George Washington University, said the implication of the ruling "is terribly important for anybody who's a consumer and interested in getting a level playing field." About half of the states ended monopolies in retail power markets following the order by FERC.

In their 6-3 ruling, the Justices found that the FERC was justified in regulating unbundled retail transmission service, but not bundled services, which was sought by a leading supporter of open access, Enron. FERC's approach had been concerned only with unbundled services.

A spokesman for the Edison Electric Institute, Jim Owen, said, "the decision today reaffirms the wisdom of FERC's approach."
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