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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

CA Attorney General Sues Reliant and Mirant

LCG, April 16, 2002--Yesterday California Attorney General Bill Lockyer filed yet another suit against power companies; he alleges that Reliant Energy and Mirant Corp. illegally owned power assets.

Lockyer asserted that power plants held by the two companies enabled them to have monopolistic control over the power market. He requested that a San Francisco federal court order the sale of some of the companies' plants.

The companies both deny the charges and add that the case may have been inspired by the upcoming election in November.

Lockyer says that the companies bought plants in order to raise prices. He also insists that Mirant's plants provide 44 percent of electricity in northern California and Reliant's yield 28 percent of southern California's electricity.

Meanwhile, Mirant spokesman Patrick Dorinson says that his corporation only controls six percent of California energy capacity, and both he and Reliant spokesman Richard Wheatley deny any possibility of infringing on antitrust laws.

Lockyer has filed several other electricity-related suits recently, including suing Mirant and other companies for unreasonably high prices during the energy crisis of 2000 and 2001.

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