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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

SMUD's Control Area Departs ISO

LCG, June 20, 2002--Early this week, the Sacramento Municipal Utility District took over operation of its own control area from the California Independent System Operator, partly to insulate itself from what SMUD's board President Genevieve Shiroma called "market-driven blackouts".

The move will not change rates for customers within SMUD, but it will mean SMUD will make all minute-to-minute balancing decisions to keep demand and supply of power in equilibrium. As such, the utility district will no longer pay grid-management charges to the ISO. Jim Tracy, director of SMUD's planning and budget, told the Sacramento Bee that, depending on the direction of ISO's charges, SMUD might save $2 to $30 million yearly, starting in 2003.

SMUD will not be subject to ISO-instigated rolling blackouts, although if there is a chance that the ISO grid could collapse due to equipment failure, SMUD would be prepared to act as needed. In situations in which generators do not generate within the ISO control areas for fear of not being paid, SMUD would have no obligation to the ISO.

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