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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

Rapids Power Cancels 225 MW Project

LCG, August 6, 2002-Rapids Power LLC will no longer follow through with plans to construct a combined heat-and-power facility.

The project, a joint endeavor with Minnesota Power and Blandin Paper Company, would have brought generating capacity to the Grand Rapids, Minnesota area, in addition to supplying a Blandin paper mill with steam.

Apparently hard times in the paper and energy industries have yielded the cancellation as the most economically feasible choice.

Several power projects nationwide have also been terminated or postponed recently because of unsavory market factors.

Minnesota Power supplies 144,000 customers. Blandin Paper is a subsidiary of UPM-Kymmene Corporation.

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