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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

Iceland Chooses Hydrogen

LCG, June 3, 2002-Iceland has decided to phase out fossil fuels, choosing to power the country by means of hydrogen fuel cells.

Iceland, which is home to a mere 278,000, already powers 93 percent of homes with geothermal-derived electricity. Now the country will switch its vehicles to hydrogen, with the help of DaimlerChryler, Royal Dutch Shell, and Norsk Hydro. The three companies will invest in the newly-created Icelandic New Energy.

Hydrogen fuel, which produces water as its only exhaust, will be produced relatively emission-free by way of hydroelectric and geothermal sources.

DaimlerChrysler is responsible for the design of new Icelandic buses, which will be in service next year.

Iceland is more ambitious than merely converting the buses, however, and plans eliminate the need for fossil fuel from its 180,000 vehicles over a period of 30 or 40 years.

Icelandic electricity production is already clean, but the country suffers from high carbon dioxide emissions because of its metal smelting industry.

Although hydrogen, when used as a fuel, is a pollution-free energy source, the volatile element needs to be obtained by some method usually requiring a lot of energy since hydrogen does not easily exist alone and unreacted in nature. Electrolysis separates water with the help of electricity yielding oxygen and hydrogen, which is the reverse reaction of hydrogen when it acts as a fuel producing electricity and water. Other sources of hydrogen, such as hydrogen-producing algae, are currently being researched.

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