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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

DOE Issues Grid Study

LCG, May 9, 2002-The U.S. Department of Energy has submitted its electricity transmission study, originally called for by the White House.

Released by Secretary of Energy Spencer Abraham, the study supports the Federal Energy Regulatory Commission (FERC) in its plan to divide the country into Regional Transmission Organizations (RTOs), which would be responsible for reliability. Likened to the public highways, RTO's are intended to make electricity easy to trade across state lines by the formation of a national grid.

The report includes cooperative regional transmission siting forums, which would have FERC, DOE, and state authorities design transmission line siting rules. It calls for Congress to mandate power grid reliability standards and suggests that transmission investment be "merchant" projects, which would reportedly result in no risk to ratepayers.

The DOE also wants Congress to give FERC limited federal eminent-domain authority in siting new transmission lines and says that savings from their transmission plans would be significant because national transmission would avoid bottlenecks that cost hundreds of millions of dollars a year. DOE's report attributed an estimated $500 million in combined savings to eliminating transmission limitations in California, Mid-Atlantic PJM Interconnection, New York, and New England.

The study also suggests promoting technologies like superconductors.

Abraham said the timing of the study, which was ordered a year ago, was not intended to coincide with the current energy bills pending in the House and Senate.

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