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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

Texas Employs New Disclosure Measures

LCG, May 28, 2002-The Texas Public Utilities Commission has decided to require more public disclosure in electricity trading and is holding discussions with energy companies.

The PUC is negotiating with energy traders, including American Electric Power, Mirant, Reliant Energy, Constellation Energy Group, and TXU, to recover $29 million that the PUC asserts was lost due to the manipulation of delivery schedules. A memo released Friday discusses the exploitive power schedules of two days last summer that may have resulted in the possible loss of the $29 million in question.

If no resolution is reached, the PUC may investigate market violations and employ sanctions.

The PUC staff has already been ordered to seek sanctions against Enron, which has not taken part in the talks and continues to withhold information.

Enron insists generation information about the two days and details about scheduled energy and energy requirements is confidential, but the PUC believes this information should be released and posted on the Internet.

Companies trading within the domain of the Electric Reliability Council of Texas must give the PUC an affidavit asserting that company regulations are in place preventing gaming and market manipulation.

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