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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

FERC to Decide on Nevada Electricity Contracts

LCG, April 10, 2002--The Federal Energy Regulatory Commission (FERC) will begin to determine whether or not Nevada utilities will be able to cancel some pricey contracts it made last year.

Today FERC will set the date for a hearing, possibly coming to some conclusion by the end of May 2003.

Nevada utilities signed some $400 million worth of long-term forward contracts in 2000 and 2001, a period when western electricity prices were very high.

In December of last year Sierra Pacific Resources Corp., of which Nevada Power is a subsidiary, requested FERC to find specific forward contracts unreasonable and therefore up for renegotiation.

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