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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

Federal Court Supports Deregulation of Gas-Pipeline

LCG, April 8, 2002-On Friday the United States Court of Appeals upheld the deregulation of the U.S. natural-gas pipeline.

In February of 2000, FERC, the Federal Energy Regulatory Commission paused the regulation of prices for capacity allocations shorter than one year. The two and a half year trial deregulation was alleged by some Californian officials and gas customers to have led to California's increased natural gas and electricity prices last year and in 2000.

The three-panel court ruled that FERC acted responsibly in issuing its 2000 order (637) and found that the "brief spikes in moments of extreme exigency are completely consistent with competition, reflecting scarcity rather than monopoly," as written in the court opinion.

Four pipeline companies had also filed claims insisting that the FERC order did not deregulate enough, limiting prices, but the Court of Appeals ruled against them as well.

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