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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

Russia will Finish Iranian Reactor

LCG, March 27, 2002-Russian Nuclear officals announce that Russia will complete an Iranian nuclear plant.

The U.S. government has repeatedly advised Russia to discontinue the project because it fears that nuclear power will give the Iranians an opportunity to develop nuclear weapons. However, the Russians have decided to go through with their 1995 contract and plan to complete the plant by 2005.

Russian Nuclear Energy Minister Alexander Rumyantsev insists there is no danger of nuclear weapons development because the plant will be inspected by the International Atomic Energy Agency and the technology involved could only be used in energy production.

He added that new laws passed last year permitted spent fuel to return to Russia. Nuclear fuel would also be provided to the Bushehr plant by Russia.

Russia recently reestablished nuclear fuel sales to the U.S. and has talked with North Korea regarding nuclear plant development.

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