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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

Canada Energy Minister Says Alaskan Gas Tax Credit Violates Agreement

LCG, May 3, 2002--Natural Resources Minister Herb Dhaliwal asserted that an amendment in the U.S. Senate's energy bill defies the nations' understanding to allow a free-market approach to Arctic gas pipeline routes.

Last week's U.S. Senate bill included a tax credit for Alaskan gas reserve owners. Exxon Mobile, BP Plc, and Phillips Petroleum would benefit if gas shipped from Alaska, through Canada, costs less than $3.25 per thousand cubic feet. The credit was included because the companies had insisted that the hypothetical pipeline, over $10 billion US for 4 billion cubic feet per day capacity, is not economically viable.

Prior to the energy bill, Canada and the U.S. had agreed to let the free market determine the details surrounding a possible pipeline to be built through Canada, from Alaska and the Mackenzie Delta.

Dhaliwal calls the amendment a subsidy to the companies.

"The message is we have an agreement which said both countries would be route-neutral and let it be market driven. If they move away from that we will have to reconsider our position to make sure we don't allow our gas to be stranded."

Canadian producers have already started the applications process for building a 1 billion cubic feet-per-day pipeline from the Mackenzie Valley to Alberta, at a cost of $2 billion US.

The controversial U.S. amendment has yet to be approved.

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