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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

U.S. Senate Votes NERC over FERC

LCG, March 15, 2002-Yesterday the U.S Senate voted to yield authority over blackouts and other electricity grid disruptions to regional officials, not federal regulators.

The Senate voted between two amendments regarding energy regulation, resulting in a plan that allows reliability enforcement to remain in the hands of the North American Electric Reliability Council (NERC), which is divided into ten regional councils.

The amendment, presented by Wyoming Senator Craig Thomas (Rep), requires utilities to follow rules created by NERC rather than by the Federal Energy Regulatory Commission (FERC).

Democrat and Senate Energy Committee Chairman Jeff Bingaman had offered a plan which gave FERC primary power in certain capacities. Northeast transmission-grid operators and many in industry supported the Democratic plan and voiced concerns that the alternative plan would lead to too much red tape.

Republican senators, as well as public utility commissioners, rejected the idea of Federal authority, saying that the plan would not allow the states enough freedom to attend to energy issues effectively.

Whether or not the measure will become law has yet to be determined.

The senate also discussed how much renewable energy should be required in total energy production; plans vary from deleting all mention of renewables to requiring 20 percent by 2020.

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