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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

Consumer Rights Advocates File Suit for Lower Rates in Texas

LCG, March 11, 2002-In Travis county, Texas, a consumer advocacy agency has filed a suit against the Texas Utility Panel, asserting that rates have been artificially inflated.

The Texas Public Utility Commission insists that all legal guidelines have been followed regarding electricity prices, and power companies say rates are fair. However, regulators promised a 6 percent rate reduction when deregulation began in 1999, and consumers have experienced a 3.6 percent increase in their rates instead. Lawsuits filed on Wednesday address this and an extra fee charged by the Texas Utilities Panel(TXU) and West Texas Utilities Company.

Apparently, unrealistic maintenance and scheduling costs had been included in this extra fee. Agency member for the counsel Clarence Johnson demonstrated this excessive charge by explaining that the scheduling fees alone would require 20 people working at $200 per hour for 2,000 hours.

Although consumer groups believe that rates have been increased due to deregulation, the TXU still insists upon the fairness of the benchmark rate decided upon by the state.

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