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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

Privatization of Two Peruvian Companies On Hold

LCG, June 20, 2002--Major political upheaval continued over the privatization of two Peruvian power companies, as President Alejandro Toledo issued a letter of apology yesterday, and suspended the sale.

Negotiations between the government and local officials and civic leaders led to a decision to let the nation's high court decide the legality of the sale. Belgian firm Tractabel, which was declared the top bidder for the companies last Friday, accepted the decision.

A group of mayors put their support behind a referendum on the issue, rather than consideration by the high court. Widespread protests by some fearing job cuts and higher power tariffs had led to a 30-day state of emergency being declared, but with the reading of the president's letter Wednesday, Vice President Diez Canseco said that the state of emergency would be lifted by Friday. Alejandro cancelled a trip to the United States and Nicaragua in response to the protests.
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