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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

Calpine Plant Construction Delayed Because of Electricity Prices

LCG, May 6, 2002-A planned 1,060 MW California plant faces delays because of waning electricity prices.

Calpine Corp. is reconsidering its plan to build a natural gas-fired plant west of Fresno.

Project Manager Mike Argentine said Calpine will decide on the future of the proposed plant after the state has licensed it, but if a move had to be made right now, the plant would probably not be built. The company has postponed construction of 34 plants nationwide because of the downturn in energy industry stocks, according to a company spokeswoman.

Calpine runs 25 California gas-fired or geothermal plants and is currently building three others. The company recently renegotiated electricity contracts with the state, which resulted in agreements to finish new generation projects.

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