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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

German Energy Bid May Be Ruled Monopolistic

LCG, May 21, 2002-Germany's E.On wants to buy the majority stake in gas distributor Ruhrgas, but German officials fear the move may threaten competition.

E.On already sits in a dominant position in the gas and electricity market, and experts fear that if the company is allowed to take over Ruhrgas, competition may become significantly compromised. The German Cartel Office has ruled against the sale, finding it monopolistic.

E.On says the takeover will initiate new jobs and ensure gas supply without endangering the free market. The company would realize a majority stake by purchasing from BP and Bergemann GmbH.

The Ministry of Economics will rule whether or not to overturn the Cartel Office decision by an unspecified date in July.

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