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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

Four CA Energy Contracts Settled

LCG, July 16, 2002-The Federal Energy Regulatory Commission and various energy companies have reportedly reached settlements regarding long-term electricity contracts.

According to FERC Administrative Law Judge Curtis Wagner, California officials and energy companies have come to four settlements, and other contracts are under negotiation. The settled contracts have yet to be written up and signed.

Discussions over contracts will continue for the next three weeks, and a settlement conference will occur on August 5 and 6 in Washington, D.C.

Although the names of those involved in the specific four settlements have not been released, negotiation has been ongoing between the California Department of Water Resources and energy companies including Sempra Energy, Dynegy, Williams Cos., Mirant, and Allegheny Energy.

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