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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

PJM Submits Shipment Reliability Report

LCG, August 14, 2002-PJM Interconnection, responsible for reliability in the mid-Atlantic states, is developing methods to prevent inconsistencies between scheduled and delivered electricity and has submitted its report to federal regulators.

Last month PJM found that price signals were affected by misappropriated electricity, causing higher power prices. Energy companies had sent as much as 3,000 MW capacity by way of a western transmission line although none had been scheduled for the line. This inconsistency caused a $70 price gap between western and southern electricity in the region.

The names of the involved companies have not been released by PJM, but the grid operator has altered its market rules and is developing the Locational Marginal Pricing System, or LMP.

Until LMP is in place, which would put a premium on electricity sent to areas with generation or transmission limitations, PJM will use the rule changes it instated in July.

Since the discovery of the scheduled-delivered energy discrepancy, electricity sent between Mid-Atlantic and Midwest areas will have prices assigned to it at the boundary between the two regions' transmission control areas.

Those companies involved in sending electricity by way of unscheduled routes will not be prosecuted, according to PJM market monitoring unit manager Joseph Bowring.

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