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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

Senate Approves Ethanol and Energy Tax Breaks

LCG, April 24, 2002-Yesterday the United States Senate approved $14 billion in energy tax relief as a part of the larger energy bill to be voted on as soon as this week.

According to Senator Max Baucus, D-MT, the tax break package was split evenly between production and conservation.

The proposal awards renewable energy $2.3 billion in tax credits and energy efficient appliances and buildings $2.2 billion. $1.8 billion in credits would be given to alternative fuel for vehicles.

$1.9 billion would go to incentives for cleaner coal technology, and $4.4 billion in credits would be allotted to shale oil, natural gas, and coal bed methane.

The Senate also discussed ethanol as a part of yesterday's debates. While ethanol use was hotly contested by California and New York senators, the Senate passed a proposal to triple ethanol use.

Led by Senator Tom Daschle, proponents managed to convince senators to instate the use of 2.3 billion gallons of ethanol by 2004, and 5 billion gallons by 2012. U.S. consumption of ethanol last year was about 1.7 billion gallons.

According to proponents, combining corn-derived ethanol with gasoline yields a cleaner-burning fuel,can displace the hazardous and controversial MTBE, and yields less toxic carbon monoxide gas than regular fuel. Not surprisingly, the measure enjoys strong support from the agriculture industry, which produces more corn than it knows what to do with.

However, some states worry that the ethanol plan would result in gasoline shortages and increased prices because of shipping difficulties. Also, some scientists believe that burning ethanol might produce more smog during warmer months because of nitrogen oxide emissions.

Daschle insisted that states worried about inconsistent supply could apply for waivers from the new requirements.

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