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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

Western RTO Requested by Utilities

LCG, April 1, 2002-A group of western utilities has requested the Federal Energy Regulatory Commission (FERC) to approve its proposal for a Regional Transmission Organization (RTO) to oversee energy transactions in the west.

Sierra Pacific Power, Puget Sound Energy, Portland General Electric, Nevada Power, NorthWestern Energy, Idaho Power, British Columbia Hydro and Power Authority, Bonneville Power Administration, and Avista came together to submit the proposal.

The request would open up transmission lines over the whole region, facilitating the delivery of wholesale electricity and eliminating additional transmission fees incurred when electricity moves from one system to the next. Instead, utilities would pay one base fee to use transmission lines in the region.

The RTO, as a non-profit corporation, will cost between $125 and $140 million per year, and independent analysts project that RTO West will save $300 million.

Foreseen to be in effect around 2005 if approved, RTO West still requires a lot of assessment and paperwork. BC Hydro, as a Canadian utility, will require special authorization. Also, some utilities require state approval.

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