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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

Striking South Korean Power Workers Face Dismissal Deadline

LCG, Mar. 22, 2002--A protracted strike by South Korea's unionized power industry workers will result in their dismissal Monday morning if they do not return to work, the country's energy minister announced yesterday.

The workers have expressed resistance to privatization, which they believe will result in job losses and increased power prices. South Korea, which intends to finalize the sale of all but its hydro and nuclear power divisions, hopes the country can increase power output 100 per cent by 2015.

The striking workers make up two-thirds of the 8,400 employed in the power industry. The 3,489 workers who would be fired Monday would follow 197 who have so far been fired.

Shin Kook-hwan, the energy minister, said, "We will review how former British prime minister Margaret Thatcher handled a strike by unionized coal miners and how former U.S. president Ronald Reagan treated a strike by air traffic controllers." He also indicated that although the workers thought that firing them would be a reckless move, "this is a country upholding democracy, freedom and market principle. They are engaged in illegal activities. We should abide by laws."

Union spokesman Lee Byung-chul told Reuters that despite the possibility of 500 new workers being hired to replace fired unionists, "it is pretty doubtful how long the power plants can be kept in operation without the workers." Soldiers have been trained to take over some posts.
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