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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

China Sets Pollution Standards, Promotes Wind Power

LCG, April 29, 2002-The Standing Committee of the 9th National People's Congress passed a new clean production law, and the State Economic and Trade Commission gave wind-generation a fifty percent tax break.

Recently China has made major efforts to reverse a history of environmental woe, which categorized nine of its cities in the top ten most air polluted cities worldwide. China's hasty economic growth has traditionally left environmental issues in the dust; clean production concepts were born in 1993 but more recently individual Chinese cities have attempted to limit coal dependency. Beijing has taken drastic measures, moving or eliminating much of its coal-dependent industry in anticipation of the 2008 Olympics.

The pending law will make governmental bodies more responsible for clean production in all aspects of industry. Equipment maintenance, energy production, product design, and processing technology will all be addressed, according to Chinese officials.

The bill contains three types of regulations: directive, compulsory, and voluntary requirements.

One aspect of the draft includes significant tax breaks for renewable energy. Wind energy will be provided at lower cost because taxes will be reduced by fifty percent in attempt to make wind generation more competitive with coal and hydropower. Until this legislation, wind received no special tax benefits over other generating facilities.

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