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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

Peruvians Strike Against Privatization

LCG, April 17, 2002--Civic groups in three southern areas of Peru began a two-day strike protesting the privatization of Peru's electricity industry.

Interest groups assert that nothing beneficial will come of privatizing the electricity sector, and too much control will be handed over to foreign investors. Worker fear layoffs, higher costs, and the creation of antagonistic monopolies.

Generacion Electrica de Arequipa (EGASA) and Generacion Electrica del Sur (EGESUR) are scheduled for privatization April 30.

Peruvian Financial Minister Pedro Pablo Kuczynski insists that the state-owned assets will be sold, and that Peru will be able to reap $700 million from the sales.

According to Peruvian polling, as many as seven tenths of people asked are against privatizing electricity.

Transmission companies Etecen and Etesur will be up for sale on April 23, and four regional electricity distribution will be auctioned on May 30: they are Electronorte SAC, Electro Norte Medio SA, Electrocentro SA, and Elerctronoroeste SA.

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